Neoclouds aren't Anthropic, OpenAI, and SpaceX. People aren't going to re-value value SpaceX on CoreWeave's success.
SpaceX will be re-valued on Anthropic's, or OpenAI's success, he, and his people are smart enough to understand this.
SpaceX will be re-valued on Anthropic's, or OpenAI's success, he, and his people are smart enough to understand this.
SpaceX obviously has multiple sources of income, not just data center rents
When he was talking about neoclouds, he was talking about the smaller guys who are getting bullied by vendors (mainly Nvidia) to buy as much hardware as possible (more than they want to). They paid more, for more, and needed to take on more debt, to end up (currently anyways) being well below capacity.
Over the next few years, unless growth keeps up (and probably accelerates), they'll need to sell, or restructure.
The buildouts by Microsoft, Google, Meta, OpenAI, and Anthropic are currently safe. The neoclouds that they've signed contracts with, are safe, but based on reports, that's roughly 60% of current capacity (it varies by report, but they're all under 75%).