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TechEchelon
Anchor / №01·BUSINESS & FINANCE

SpaceX Pursues $40 Billion Financing to Expand Nvidia GPU Holdings as FCC Moves to Auction Prime Satellite Spectrum

SpaceX is seeking $40 billion in financing to buy additional Nvidia GPUs, as the FCC simultaneously announced plans to auction 25 megahertz of prime satellite spectrum that could benefit both SpaceX and Amazon's growing direct-to-device businesses.

JG
Jay Goldberg
05:01 PM ET · 3 MIN · 1 HR AGO
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