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Economy · Menlo Park, United States · United States of America ·

Meta plans $95 billion stock offering; SpaceX closes $40 billion debt deal

Meta plans to raise $95 billion for AI infrastructure. SpaceX closed $40 billion in debt to buy AI chips, Elon Musk said.

Why it matters

Huge AI funding needs are reshaping capital markets.

Background

AI firms are borrowing to build data centers.

Sources

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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