Elon Musk said SpaceX (SPCX) had closed a $40 billion debt deal amid a more cautious backdrop for artificial intelligence. He predicted that lenders would be less hospitable to less diversified competitors. The deal will allow SpaceX to purchase graphics processing units, or AI chips. SpaceX is rapidly expanding its specialized cloud business, which rents companies access to chips for AI processing, while shares of its rivals fell.
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