SpaceX has secured a $40 billion debt deal, according to CEO Elon Musk.
The financing marks one of the largest debt arrangements tied to a private aerospace company.
Musk also predicted that some artificial-intelligence rivals will fail as competition intensifies.
SpaceX is expanding an AI business that rents out access to advanced chips.
The chip-rental model lets outside companies use high-end computing power without building their own infrastructure.
Demand for AI computing has surged, pushing companies to seek alternatives to costly in-house systems.
The debt deal gives SpaceX more capital to scale that business and support its broader operations.
Musk’s warning suggests the AI market may not support every company now competing in it.
The comments point to growing pressure on smaller AI firms facing steep infrastructure costs.
SpaceX has not disclosed the terms of the debt deal or the lenders involved.
