# Musk confirms SpaceX’s $40 billion debt deal for AI chips, warns of neocloud shakeout

https://mins.news/en/item/115246

- CoinDesk, 2026-10-26 03:11 UTC
- Economy
- Original: https://www.coindesk.com/markets/2026/10/26/elon-musk-confirms-usd40-billion-spacex-debt-deal-for-ai-chips-warns-of-neocloud-shakeout

> SpaceX has raised $40 billion in debt to purchase GPUs. Musk predicts a major shakeout among smaller AI cloud providers.

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