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At close · Sat, Oct 24, 2026
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AI cloud computing companies face ‘guppy-level death’, Elon Musk warns, as funding dries up – business live

Rolling coverage of the latest economic and financial news Musk also claimed on X overnight that some partly-built data centres simply won’t be completed. As he put it: I think we’re going to see a lot of stranded compute in partially complete data centers As of late Sunday in New York, those conversations remained ongoing and the deal hadn’t priced, people with knowledge of the discussions said. The parties are still working on finalizing the debt package in the coming days, the people said. Continue reading...

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