Musk: SpaceX closed $40B in GPU debt as credit shuts off for AI data centers

Elon Musk said SpaceX has closed $40B in debt to fund GPUs. He added that debt markets have almost entirely shut off credit for companies without substantial revenue independent of AI data centers, and that 200+ neoclouds face "death and consolidation."

• SpaceX closed $40B in GPU debt, Musk says
• Lenders have nearly stopped funding firms without non-AI data center revenue
• Musk predicts "death and consolidation" for 200+ neoclouds
• SpaceX cites investment-grade status and Starlink, launch revenue