AIThe Next Webabout 1 hour ago
Musk Says Debt Markets Shut Out Neoclouds
2 min read
Elon Musk stated that debt markets have shut out neoclouds, predicting 200+ companies face consolidation. Shares in CoreWeave, Nebius, and Iren fell over 30% to 40% after his post. SpaceX reportedly closed $40bn in debt for GPUs, while Nvidia claims demand remains off the charts.
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