{"id":710743,"date":"2026-11-07T11:03:05","date_gmt":"2026-11-07T16:03:05","guid":{"rendered":"https:\/\/goldtadise.com\/?p=710743"},"modified":"2026-11-07T11:03:05","modified_gmt":"2026-11-07T16:03:05","slug":"musk-says-softbank-is-defaulting-on-turbine-orders","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=710743","title":{"rendered":"Musk Says “SoftBank Is Defaulting On Turbine Orders”"},"content":{"rendered":"

Last week’s turmoil in hyperscaler and neocloud stocks suggests investors increasingly see Democrats’ push to regulate data center buildouts as a possible precursor to broader moratoriums early next year. Democrats spent much of the midterm election cycle supporting nationwide construction pauses and tighter AI oversight, while Anthropic CEO Dario Amodei’s AI doom warnings reinforced that political narrative. <\/strong><\/p>\n

Early Friday, Musk claimed on X that “SoftBank is defaulting on their turbine orders<\/strong>,” adding to even more AI bubble concerns surrounding the Japanese conglomerate led by CEO Masayoshi Son<\/strong>. However, Musk provided no evidence of a default.<\/p>\n

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A mystery seller is trying to dump about $500 million in data center loans all at once, per Bloomberg, days after the midterms raised doubts about many projects.<\/p>\n

The anonymous seller is auctioning a dozen loans, including a $25 million piece of financing for a huge Stargate site in New Mexico, the joint project of OpenAI, SoftBank and Oracle.<\/p>\n

Oracle has already sent that site\u2019s developer a force majeure notice, a legal claim that events beyond its control may excuse it from its obligations.<\/p>\n<\/div>\n<\/figure>\n

https:\/\/www.zerohedge.com\/ai\/musk-says-softbank-defaulting-turbine-orders<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Last week’s turmoil in hyperscaler and neocloud stocks suggests investors increasingly see Democrats’ push to regulate data center buildouts as a possible precursor to broader moratoriums early next year. Democrats spent much of the midterm election cycle supporting nationwide construction … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":2948,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-710743","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/710743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/2948"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=710743"}],"version-history":[{"count":1,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/710743\/revisions"}],"predecessor-version":[{"id":710744,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/710743\/revisions\/710744"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=710743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=710743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=710743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}