Carbon Finance
@carbonfinancex
๐ Investing Visuals & Market Commentary
Joined February 2021
311 Following 38K Followers
Elon trying to wipe out the neoclouds in one swoop ๐
$NBIS $CRWV $IREN
Pretty much.
As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesnโt have substantial revenue independent of AI data centers.
SpaceX closed $40B of debt for GPUs, but weโre investment grade and have Starlink & launch revenue.
That means the 200+ neoclouds are going to see guppy-level death and consolidation. Some will make it through, but not many.
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