SpaceX Locks Up $40 Billion for AI Chips as Musk Warns Most Neoclouds Will Die
Elon Musk says SpaceX closed a $40 billion chip deal with Apollo while lenders shut the door on smaller AI cloud firms, a split that could decide who controls computing.
Monday, 26 October 2026
News, business, world affairs and market coverage
Markets Brief gilt-and-policy note (2026-10-26): Elon Musk says SpaceX closed a $40 billion chip deal with Apollo while lenders shut the door on smaller AI cloud firms, a split that could decide who controls… Primary source: original at Decrypt (decrypt.co).
SpaceX Locks Up $40 Billion for AI Chips as Musk Warns Most Neoclouds Will Die
Elon Musk says SpaceX closed a $40 billion chip deal with Apollo while lenders shut the door on smaller AI cloud firms, a split that could decide who controls computing.