Kirkland Advises on SpaceX’s $40 Billion Master Finance Lease Transaction

Kirkland & Ellis advised capital accounts managed by KKR in connection with a $40 billion GPU financing provided to SpaceX. Under the terms of the transaction, SpaceX will lease NVIDIA GPUs pursuant to a master finance lease for use in SpaceX’s terrestrial compute buildout. The $40 billion financing is the largest committed GPU financing to date. The transaction is expected to close by year-end 2026, with lease schedules expected to commence in the first half of 2027.

Read the transaction press release

The Kirkland team included debt finance lawyers Roald Nashi, Greg Howling, Linda Zang, Miriam Domer and Pedram Gholipour-Shahraki.