According to BeInCrypto, Elon Musk stated that lenders have excluded AI cloud firms from financing options. The comment refers to a broad group of companies operating in the AI cloud sector. CoreWeave experienced its highest-ever debt costs at this time. Meanwhile, SpaceX has borrowed $40 billion.
The statement highlights concerns about access to capital for emerging AI cloud providers while noting increased financing pressures on CoreWeave amid larger borrowing by SpaceX.
