Elon Musk said on X that SpaceX closed $40 billion in debt financing to acquire GPUs, with delivery expected in the first half of 2027. He made the disclosure while responding to investor Chamath Palihapitiya's warning about financing strain and construction delays leaving AI computing capacity underused next year. Musk said SpaceX secured the funding due to its investment-grade status and revenue from Starlink and launch operations, separate from AI data center income.
tomshardware.com
· 2026-10-27
X has rolled out a UI prompt that shows a large hand or arm graphic pointing at the 'promote' button while users compose posts. Numerous users posted screenshots on October 26-27, 2026 expressing surprise and annoyance at the sudden animation appearing mid-typing. X has not issued any official explanation for the feature.
techcrunch.com
· 2026-10-27
Three months after Elon Musk pledged a 'historically accurate' full-length Odyssey film to rival Christopher Nolan's adaptation, xAI's Grok Imagine and AI studio Wonder Studios X have instead released a seven-minute episode depicting Odysseus being called to war against Troy. Musk shared the clip on X, where it drew far less engagement than his other recent posts, and Grok itself has reportedly acknowledged the content is not historically accurate.
wired.com
· 2026-10-26
Elon Musk revealed that Tesla and SpaceX are exploring a merger, days after SpaceX's compressed-gas thrusters powered a viral stunt with Tesla's Roadster. Tesla's car business still generates about 75 percent of its revenue, but the company has scaled back its 2030 sales target from 20 million to 5 million vehicles after delivering 1.6 million last year.
arstechnica.com
· 2026-10-26
A member of NASA's Aerospace Safety Advisory Panel stated that SpaceX's Artemis lunar landing plan would require nearly 22 separate Starship launches to fill an orbital propellant depot before a single crewed Moon mission could proceed. This figure far exceeds the much lower launch counts Elon Musk has previously suggested for the architecture.
gizmodo.com
· 2026-10-26
Turo announced it will flag which Tesla vehicles on its rental marketplace have Full Self-Driving (Supervised) enabled, using direct API access to Tesla to verify the feature. Eligible hosts who list FSD-capable cars will get a free one-month trial of the software. Tesla's Model 3 and Model Y rank as Turo's third and fourth most-rented vehicles this year.
techcrunch.com
· 2026-10-26
Luiz Inácio Lula da Silva secured a surprise fourth term as Brazil's president after trailing rival Flávio Bolsonaro in the first round, according to Reuters. Bolsonaro has refused to concede and says he will seek to have the result annulled, objecting to a Supreme Court justice's decision to extend voting by two hours. U.S.-listed shares of Brazilian companies dropped sharply premarket, with Petrobras down over 20%, Itaú Unibanco down nearly 30%, and Ambev off 19%.
cnbc.com
· 2026-10-26
Apollo Global Management's chief economist Torsten Slok wrote in a weekend note that revenue per worker and profit margins are rising only for the 'Magnificent Seven' tech giants, while remaining flat across the rest of the S&P 500. He concluded there is still no evidence AI is boosting productivity growth or financial results for companies outside the tech industry.
futurism.com
· 2026-10-26
Elon Musk said on X that more than 200 'neocloud' companies could face mass failure and consolidation, citing tightening debt markets that now favor firms with revenue beyond AI data centers. Shares of Nebius, CoreWeave and Iren fell more than 4% in premarket trading Monday before paring losses. Musk's comments came in response to a post from Social Capital founder Chamath Palihapitiya, who warned of stranded, underutilized compute capacity emerging by 2027.
cnbc.com
· 2026-10-26
Speaking with Walter Isaacson on The Builders podcast, Peter Thiel argued Apple has produced no genuinely new innovations since Steve Jobs died in 2011, though he described the company as a 'pure, well-run value stock.' Thiel said the smartphone itself was the big invention, and Apple's work since has mainly been scaling and branding it.
techspot.com
· 2026-10-26
Elon Musk posted on X that over 200 neocloud firms renting AI compute capacity face widespread shutdowns and consolidation, saying lenders have pulled back from companies lacking revenue outside AI data centers. He added that SpaceX has secured $40 billion in debt financing to buy more GPUs, citing its investment-grade status and Starlink and launch revenue, though Bloomberg reports the deal has not yet closed and pricing talks continue. Musk said SpaceX has no plans to acquire struggling neocloud operators, with the new GPUs not expected to arrive until the first half of 2027.
techspot.com
· 2026-10-26
Elon Musk announced on X that SpaceX has closed $40 billion in debt financing to buy GPUs for AI computing, with funds expected to arrive in early 2027. He said the financing is mostly callable debt and that SpaceX qualifies as investment grade due to revenue from Starlink and its rocket launch business. Bloomberg had earlier reported the company was negotiating with banks including Goldman Sachs and investors like Apollo Global Management to raise the funds for Nvidia chips.
cnbc.com
· 2026-10-26
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