UK Edition

Monday, 26 October 2026

Time Trade

Markets, trading & finance — British perspective

Crypto

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

Time Trade flows-and-FX tape (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).

· 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.

Read at source