Goldman and Apollo Seek Buyers for $40 Billion Deal
Goldman Sachs and Apollo Global Management are looking for investors to buy parts of a roughly $40 billion financing deal tied to SpaceX's AI chips. Bloomberg News reported the talks on Wednesday, citing people familiar with the matter.
Quick glossaryGoldman Sachs, financing deal, Apollo Global Management
- Goldman Sachs
- A large US investment bank best known for advising companies on deals and helping raise money for them.
- financing deal
- An arrangement where a company gets a large amount of money from investors to pay for something it needs.
- Apollo Global Management
- A large US investment firm that manages money for pension funds, insurers and other big investors.
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