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.
Trade News UK sterling-and-streets 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.