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Musk says SpaceX closed $40 billion debt deal

Original: Musk Says SpaceX Closed $40 Billion Debt Deal, Blasts Neoclouds

Elon Musk announced that SpaceX has closed a $40 billion debt financing deal, one of the largest ever arranged by a private company. Alongside the announcement, Musk criticized so-called 'neocloud' providers, taking aim at firms competing in the AI cloud computing space. The comments drew wide attention given SpaceX's growing role in launch, satellite internet and AI-adjacent infrastructure.

Why now: The scale of the debt deal and Musk's pointed remarks about cloud rivals are fresh, high-profile statements from one of the world's most watched executives.

Elon MuskSpaceXBloombergYahoo Finance

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