Musk says SpaceX raised $40 billion in debt deal, predicts neocloud shakeout
Published OnOct 26, 2026 | 07:32 IST - Last Updated OnOct 26, 2026 | 07:32 IST Elon Musk announced SpaceX closed $40 billion in debt financing to purchase Nvidia GPUs for AI computing, fueled by Starlink and launch revenues. Musk also predicted a shakeout and consolidation among neocloud companies due to tightening debt markets, while noting SpaceX's soaring AI revenue and fut... Elon Musk said on Sunday that SpaceX had closed $40 billion in debt financing for graphics…