Musk Predicts “Guppy-Level Death” For Neocloud Companies As CoreWeave Stock Falls 38% In October
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The post Musk Predicts “Guppy-Level Death” For Neocloud Companies As CoreWeave Stock Falls 38% In October appeared first on 24/7 Wall St..
Elon Musk used a Sunday thread on X to post one of the bleakest forecasts yet for neoclouds, the companies that rent out GPUs to AI developers and often fund them with borrowed money.
On October 25, 2026, while responding to venture investor Chamath Palihapitiya’s posts on neoclouds, Musk wrote: “Pretty much. As of the past few weeks,
Elon Musk used a Sunday thread on X to post one of the bleakest forecasts yet for neoclouds, the companies that rent out GPUs to AI developers and often fund them with borrowed money.
On October 25, 2026, while responding to venture investor Chamath Palihapitiya’s posts on neoclouds, Musk wrote: “Pretty much. As of the past few weeks,
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