Elon Musk issues a warning for 'AI neoclouds' as SpaceX borrows $40 billion for chips

CoinDeskOctober 26, 2026 · 4:34 AM2 min read

SpaceX has raised $40 billion in debt to buy GPUs, while Musk predicts a major shakeout among smaller AI cloud providers.

Originally published on CoinDesk

SpaceX has raised $40 billion in debt to buy GPUs, while Musk predicts a major shakeout among smaller AI cloud providers.

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