“As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesn't have substantial revenue independent of AI data centers. ... That means the 200+ neoclouds are going to see guppy-level death and consolidation. Some will make it through, but not many.”

Elon Musk · said date not stated · reported 2026-10-26

Musk made the remarks in a post on X confirming SpaceX's $40 billion debt financing deal for GPUs.