40 billion dollars for AI processors: Musk reveals plans for "Space X"

Elon Musk announced that SpaceX closed $40 billion in debt financing to purchase graphics processing units for artificial intelligence, expected to arrive in the first and second quarters of 2027. Musk warned of financing difficulties facing cloud computing companies specializing in AI, predicting some will fail or merge.

American billionaire Elon Musk announced that SpaceX closed $40 billion in debt financing to purchase graphics processing units used in AI computing. Musk explained, in a post on platform X, that the financing primarily relates to processor purchases scheduled for delivery in the first and second quarters of 2027, noting that its impact on spending in the current quarter will be limited. Musk linked SpaceX's ability to access credit markets to its credit rating and revenue from various activities, primarily satellite internet services via Starlink and rocket launches. In contrast, he predicted that cloud computing companies specializing in AI, which rely mainly on data center revenue, will face increasing difficulties in obtaining financing, warning of the potential failure or merger of several such companies, arguing that debt markets have become less willing to finance companies without significant income sources outside AI infrastructure activities. These statements reflect Musk's assessment of the sector's conditions and do not represent proven financial results regarding the bankruptcy or merger of competing companies.