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Musk stated that SpaceX has completed a $40 billion debt financing round to purchase AI chips
Musk stated that SpaceX has completed a $40 billion debt financing round to purchase AI chips, with delivery expected in Q1 and Q2 2027. The company's Q3 revenue reached $7.56 billion, a ninefold year-over-year increase. Musk also predicted that many new cloud companies lacking substantial revenue outside of AI data centers will face widespread failures and consolidation.
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