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Apollo Global Management
The latest Apollo Global Management coverage from Bullquill: sourced, dated and explained.
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SpaceX $40 billion debt raise will pay for GPUs, Musk says
Musk called the borrowing primarily callable debt for chips arriving over the first two quarters. SpaceX already carried $38.8 billion of debt and finance leases at September 30, 2026, and final terms have not been filed.
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AI payoff is zero outside tech, Apollo's Torsten Slok says
Slok's charts show profit margins and revenue per worker flat for the 493 non-Magnificent Seven companies in the S&P 500. So far the gains sit with the sellers of AI, such as chips and cloud, not the buyers.
