In Brief

  • Elon Musk says OpenAI Stargate investor SoftBank is defaulting on its turbine orders.

  • The cost of insuring SoftBank’s debt against default rose to its highest level since October 2022

  • Musk did not cite a source, and SoftBank has not responded publicly.

Read the original story: Elon Musk claims SoftBank is defaulting on its wind turbine orders, by Phil Haunhorst, on fi.beincrypto.com