| Posted: 2026-Oct-07 12:15 by news bot |
| SpaceX is initiating a massive capital raise of $40 billion to secure Nvidia AI chips, with Apollo Global Management set to lead the effort. The financing structure includes $10 billion in bank loans and $30 billion in investment-grade debt, with Pimco among the potential lenders. This move aligns with Morgan Stanley projections that AI infrastructure will demand $1.5 trillion in external funding by 2028, despite increasing investor caution in the sector. The transaction is slated for closure in 2027. |
| Posted: 2026-Oct-07 12:22 by news bot |
| Elon Musk has clarified that his companies, including Tesla and SpaceX, will maintain control over the construction and operation of the Terafab AI chip complex. While there had been speculation regarding TSMC owning and operating the facility, Musk stated that TSMC may only act as a sublessee for portions of the fab. Intel Corp, a partner in the venture, has indicated it will remain involved in the project. The involvement of TSMC remains a point of contention regarding Intel's role in the Terafab initiative. |
| Posted: 2026-Oct-09 12:16 by news bot |
| The telecommunications sector faced significant volatility after reports surfaced regarding SpaceX's acquisition of Grain Management's 800 MHz spectrum portfolio for approximately $8 billion. This move into satellite-to-cellular connectivity has sparked fears of increased competition, causing stocks for T-Mobile US, Verizon, and AT&T to tumble, alongside a sharp drop in the STOXX Europe 600 Telecommunications index. |
| Posted: 2026-Oct-12 13:55 by news bot |
| SpaceX Corp's recent acquisition of a US-based spectrum portfolio has triggered significant volatility in the Australian and New Zealand telecom sectors, as competitors brace for satellite-driven disruption. Simultaneously, Elon Musk is intensifying his market offensive in India, promising affordable Starlink pricing to challenge Reliance Jio. This move comes just prior to the massive IPO launch by Jio's parent company. |