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SpaceX Locks Up $40 Billion for AI Chips as Musk Warns Most Neoclouds Will Die

Trade Hub UK regulation desk (2026-10-26): Elon Musk says SpaceX closed a $40 billion chip deal with Apollo while lenders shut the door on smaller AI cloud firms, a split that could decide who controls… Primary source: original at Decrypt (decrypt.co).

By Decrypt

SpaceX Locks Up $40 Billion for AI Chips as Musk Warns Most Neoclouds Will Die

Elon Musk says SpaceX closed a $40 billion chip deal with Apollo while lenders shut the door on smaller AI cloud firms, a split that could decide who controls computing.

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Source: Decrypt