Major financial firms begin selling stakes in spacex's significant AI financing package
Goldman Sachs Group Inc. and Apollo Global Management Inc. are reportedly in discussions with Wall Street investors regarding the divestiture of portions of a substantial financing agreement related to SpaceX. This deal is valued at approximately $40 billion and pertains to the company's artificial intelligence initiatives.
These discussions are occurring amid a period of anticipated market shifts within the AI sector, following a recent electoral outcome involving the Democratic party. The financial institutions are moving to sell off their holdings in the large-scale funding structure supporting SpaceX's AI endeavors.