Musk warns 200 neoclouds face guppy death while he owns the pond.

Neocloud stocks fall as Elon Musk says more than 200 of them face 'guppy-level death'

Elon Musk posted on X that more than 200 neocloud companies will face 'guppy-level death' due to debt markets shutting off access to money. Shares of Nebius, CoreWeave and Iren all fell more than 4% in premarket trading on Monday. The sector is already under pressure over debt-fueled expansion and uncertain returns on AI infrastructure.

Source: Neocloud stocks fall as Elon Musk says more than 200 of them face 'guppy-level death' — CNBC

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Topics: elonmusk · ai · neocloud · stocks · tech · siliconvalley · economy