Apollo Global Management is about to complete a $3.4 billion loan to purchase Nvidia chips and lease them to Elon Musk's AI company xAI. According to NS3, xAI has recently become part of SpaceX and is recruiting crypto experts to train AI trading models focused on blockchain data and quantitative strategies. Although Apollo's stock price has dropped 7% in the past 30 days, it rose 1% after the trading announcement, and Tesla's stock price also increased.