AICNBC Techabout 2 hours ago
Musk Predicts 200 Neoclouds Face Collapse
1 min read
Elon Musk stated that more than 200 neoclouds face guppy-level death and consolidation due to debt-fueled expansion. Shares of Nebius, CoreWeave, and Iren dropped more than 4% in premarket trading on Monday, Sept. 29, 2026, following his comments on X regarding debt markets shutting off access to money for companies lacking substantial revenue independent of AI data centers.
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