SpaceX Seeks $40 Billion To Buy Nvidia AI Chips, Starlink Wins New FCC Approval

SpaceX is looking to raise $40 billion to purchase a batch of Nvidia artificial intelligence chips, according to reports on Tuesday. The news comes as CEO Elon Musk announced changes to the Grok Bot AI assistant. The rocket company also won regulatory approval to launch an additional 15,000 satellites into orbit for its Starlink Mobile service. SPCX stock slid early… Copyright ©2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8