Musk also said that debt markets have largely shut off access to financing for companies without substantial revenue outside AI data centers.
in a post on X on Sunday
Elon Musk said SpaceX has closed $40 billion in debt financing to purchase graphics processing units, or GPUs, used to power artificial intelligence systems.
CNBC“Some of them look very impressive, but they're not really using any kind of advanced AI or SI.”
“Now, Elon Musk and other leaders say they expect physical bottlenecks, including a shortage of electricity needed to power data centers, to slow down competitors.”
“Musk claimed in a post on X that Ukraine violated Starlink terms of service by using the technology for “offensive drone strikes to kill people.””
“There has never been a trillion-dollar revenue business, and we may have two of them in the next 5-10 years.”
“has emerged as a significant business with a revenue run rate in the tens of billions of dollars and is now profitable in its own right”
“We’re going to invest to continue being the leader. We can fund this plan, and I think it will forever change the size of Amazon. It will forever change our revenue.”