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Monday, 26 October 2026

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SpaceX Locks Up $40 Billion for AI Chips as Musk Warns Most Neoclouds Will Die

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.

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