SpaceX Signs Binding Master Financing Lease Commitment with Apollo Global Management
Bollcoin, October 26: SEC filings show that SpaceX (SPCX.O) has entered into a binding master financing lease commitment with Apollo Global Management. Apollo will purchase GPU clusters and related equipment and lease them to SpaceX. Total principal payments under the lease arrangement are expected to reach $40 billion. The lease arrangement will begin upon GPU delivery in the first half of 2027. SpaceX's (SPCX.O) lease transaction will be completed before the end of 2026. Each tranche of SpaceX's (SPCX.O) financing lease has a term of approximately 5 to 5.25 years.