Musk warns AI data centre firms face funding crunch as SpaceX secures $40 billion

Elon Musk said on Sunday that SpaceX had closed $40 billion in debt financing to buy AI chips.
SpaceX revenue rose 161% to $14.58 billion in the September quarter, with AI revenue up tenfold.
Musk warned debt markets had nearly shut funding for firms without revenue outside AI data centres.
He predicted consolidation and failures among neocloud operators, and ruled out buying any.

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