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Neocloud stocks fall after Musk predicts 'guppy-level death'
Elon Musk wrote on X that lenders have cut off companies reliant on AI data centers, deepening a month-long slide in CoreWeave, Nebius and Iren.
Elon Musk wrote on X that lenders have cut off companies reliant on AI data centers, deepening a month-long slide in CoreWeave, Nebius and Iren.
Bloomberg reported pricing talks were still underway late on October 25, as Musk said lenders have all but shut off money for most neoclouds.