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Sunday, October 25, 2026

Musk warns of AI lending crunch after SpaceX closes $40B GPU financing

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President Trump Speaks At Golden Age Of American Innovation Summit

Elon Musk said SpaceX (SPCX) has closed $40 billion in debt financing to purchase graphics processing units, or GPUs, warning that tightening credit markets could trigger widespread failures and consolidation among smaller artificial intelligence infrastructure companies.

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