Tag: says spacex
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Musk says SpaceX raised $40 billion in debt deal, predicts neocloud shakeout
Oct 25 : Elon Musk said on Sunday that SpaceX had closed $40 billion in debt financing for graphics processing units, underscoring the soaring cost of building AI computing capacity. Musk, in a post on X, attributed the successful debt raise to the company’s investment-grade status and revenue from its Starl
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Musk says SpaceX raised $40 billion in debt for GPUs
Oct 25 : Elon Musk said SpaceX had closed $40 billion in debt financing for graphics processing units, adding the company’s investment-grade status and revenue from its Starlink satellite internet and launch businesses had helped preserve its access to credit.”This is primarily callable debt for GPU purchases
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Musk says SpaceX restricted Ukraine’s Starlink connection as service restored
The tech billionaire accuses Ukraine of violating its terms of service by using the network for military activity.
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Musk says SpaceX could bring $1 trillion in revenue by 2030
June 15 : Elon Musk said on Sunday that his rocket company, SpaceX, could bring in $1 trillion in revenue by 2030, making the statement two days after the company went public, valuing it at over $2 trillion. “And I would be surprised if revenue is not greater than $1T in 2031,” he wrote on…
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