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Musk Says SpaceX Secured $40 Billion in GPU Financing

SpaceX CEO Elon Musk said the company secured $40 billion in GPU financing and warned of widespread neocloud failures.

SPCXNVDA

Shares of Space Exploration Technologies Corp. (SPCX) rose nearly 1% late Sunday after CEO Elon Musk said the company secured $40 billion in GPU financing and warned of widespread neocloud failures. At the same time, analyst Dan Ives predicted a “Game of Thrones” battle for computing power.SPCX sto…