---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-118614"
form_type: "8-K"
ticker: "SPCX"
cik: "0001181412"
company_name: "SPACE EXPLORATION TECHNOLOGIES CORP"
filed_at: "2026-10-26T12:00:18+00:00"
generated_at: "2026-10-26T12:05:17.577300+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SpaceX commits to ~$40B GPU finance lease with Apollo-managed entity for data-center equipment

## Summary
- Binding commitment letter signed Oct 24, 2026 with a Lessor entity managed by Apollo Global Management, Inc. for GPU pods and related equipment.
- Aggregate principal payments under the lease schedules expected to total approximately $40 billion over their respective terms.
- Equipment delivered in tranches, each under a separate lease schedule running about five to five and one-quarter years from commencement.
- Rent payable quarterly in advance: one-twentieth of each tranche's financed cost plus a fixed per-annum rate set at pricing before lease execution.
- Master lease expected to close before year end; lease schedules commence in H1 2027 upon GPU delivery to SpaceX-selected data centers.

## SEC filing metadata
- accession: 0001104659-26-118614
- form_type: 8-K
- ticker: SPCX
- cik: 0001181412
- company_name: SPACE EXPLORATION TECHNOLOGIES CORP
- filed_at: 2026-10-26T12:00:18+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1181412/000110465926118614/0001104659-26-118614-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1181412/000110465926118614/tm2628247d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-118614
- JSON: https://secwatch.observer/filing/0001104659-26-118614.json
- Plain text: https://secwatch.observer/filing/0001104659-26-118614.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.