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Elon Musk's $40 Billion Terrestrial Data Center Pivot Draws Fire From Short Seller Jim Chanos After 'Orbital' IPO Hype: '...Pretty Material $500B Question'

Oct 26, 2026 · 09:18 AM ET· updated 2h ago
Elon Musk's $40 Billion Terrestrial Data Center Pivot Draws Fire From Short Seller Jim Chanos After 'Orbital' IPO Hype: '...Pretty Material $500B Question'

Analysts and Jim Chanos question Elon Musk's $40B SpaceX debt raise for terrestrial data centers following its pre-IPO orbital hype.

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Why It Matters

SpaceX raised $40 billion for Earth data centers instead of space plans. Experts wonder if this big change means the company's earlier promises were not realistic.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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