🔥 Musk reveals: The debt market is barely lending to pure AI compute companies anymore
In recent weeks, debt markets have nearly closed their doors to companies that rely primarily on AI data centers.
SpaceX, on the other hand, can raise $40 billion to buy GPUs—because it has investment-grade credit, backed by Starlink and its launch business.
Without real cash flow, just piling up GPUs won’t convince lenders.
#SpaceX #GPU #AI #ElonMusk
In recent weeks, debt markets have nearly closed their doors to companies that rely primarily on AI data centers.
SpaceX, on the other hand, can raise $40 billion to buy GPUs—because it has investment-grade credit, backed by Starlink and its launch business.
Without real cash flow, just piling up GPUs won’t convince lenders.
#SpaceX #GPU #AI #ElonMusk