Musk says SpaceX raised $40 billion in debt deal, predicts neocloud shakeout

Channel Newsasia26 Oct 2026, 01:05 PKTvia NewsData.io

Oct 25 : Elon Musk said on Sunday that SpaceX had closed $40 billion in debt financing for graphics processing units, underscoring the soaring cost of building AI computing capacity. Musk, in a post on X, attributed the successful debt raise to the company's investment-grade status and revenue from its Starl

Read the full story on Channel Newsasia

Headline and summary provided via NewsData.io. The full article and its copyright belong to the original publisher.