technology
Oct 19, 2026•0 views
The AI Infrastructure Debt Boom: Why SpaceX, SoftBank and Oracle Are Borrowing Billions
Bonds, loans and Gulf money are financing the race for AI chips and data centres
AI companies are increasingly funding chips and data centres with debt. SpaceX is reportedly raising about $40 billion for Nvidia chips, SoftBank is seeking up to $100 billion from Gulf investors, and Morgan Stanley estimates AI infrastructure may need $1.5 trillion in outside financing by 2028. This explainer covers who is borrowing, why, and the risks.
