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SpaceX closes $40 billion GPU debt deal

SpaceX closed $40 billion in debt financing to buy graphics processors, Elon Musk said in a post on X, according to CNBC and Techmeme. Musk also said debt markets had largely stopped extending credit to artificial-intelligence data-centre companies and predicted consolidation among more than 200 specialised cloud providers.

Why it matters

The unusually large financing links SpaceX directly to the capital-intensive race for AI computing capacity.

Sources

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