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The Kobeissi Letter
The Kobeissi Letter|Oct 07, 2026 00:35
BREAKING: SpaceX, SPCX, is in talks with banks and investors to raise $40 billion of debt to buy chips from Nvidia amid "insatiable demand" among AI developers, per Bloomberg. The company is seeking to raise about $10 billion in bank loans and $30 billion in investment-grade debt to pay for the chips. The AI Revolution is even stronger than most people realize.
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