Prof G Markets · Tuesday, October 27, 2026
Elon Musk posted on X that debt markets have nearly shut off access to money for companies without revenue independent of AI data centers, which he predicts will lead to widespread death and consolidation among neo-clouds.
“He said, quote, as of the past few weeks, debt markets have almost entirely shut off access to the money for any company that doesn't have revenue independent of AI data centers.”