Update
Elon Musk Warns of AI Data Center Funding Crunch
Elon Musk, in a post on X, warns that lenders have largely closed their doors to AI data center companies, citing SpaceX’s recent success in securing a $40 billion debt package aimed at buying Nvidia GPUs. He predicts significant consolidation among more than 200 smaller AI cloud providers, with only a few likely to survive the current debt squeeze.