SpaceX Raises $40 Billion in Debt to Lock In Nvidia GPUs as Musk Warns 200 AI Cloud Providers Face a Wave of Collapse
SpaceX has closed roughly $40 billion in debt financing to buy GPUs from Nvidia and other suppliers. Musk warns that more than 200 neoclouds face "goldfish-level" death and consolidation, as the debt market shuts out any company without revenue independent of AI data centers.