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

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

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

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