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SpaceX Locks Up $40 Billion for AI Chips as Musk Warns Most Neoclouds Will Die

DecryptOctober 26, 2026 · 6:34 PM2 min read
SpaceX Locks Up $40 Billion for AI Chips as Musk Warns Most Neoclouds Will Die

Elon Musk says SpaceX closed a $40 billion chip deal with Apollo while lenders shut the door on smaller AI cloud firms, a split that could decide who controls computing.

Originally published on Decrypt

Elon Musk says SpaceX closed a $40 billion chip deal with Apollo while lenders shut the door on smaller AI cloud firms, a split that could decide who controls computing.

Read the full article on Decrypt →

#decrypt
#markets

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