$SPCX (SPACE EXPLORATION TECHNOLOGIES) — 8-K: SpaceX signs $40 billion GPU lease with Apollo-managed entity

On October 24, 2026, Space Exploration Technologies Corp. entered a binding commitment letter for a master finance lease with an Apollo Global Management-managed entity to acquire and lease GPU pods and related data center equipment. Aggregate principal payments under the lease schedules are expected to total approximately $40 billion over terms of roughly five to five and one-quarter years per tranche, with rent payable quarterly in advance. The master lease is expected to close before year end, with lease schedules commencing in the first half of 2027 upon GPU delivery.

On October 24, 2026, Space Exploration Technologies Corp. entered a binding commitment letter for a master finance lease with an Apollo Global Management-managed entity to acquire and lease GPU pods a