{"id":"1792960862751-mix-show_open","slug":"spacex-s-forty-billion-dollar-debt-for-ai-chips","title":"SpaceX's forty billion dollar debt for AI chips","summary":"Most New York and California voters do not need to show ID if they have voted before, but first-time voters who registered by mail may have to provide identification. The blanket “no ID” claim omits those exceptions ([elections.ny.gov](https://www.elections.ny.gov), [sos.ca.gov](https://www.sos.ca.gov)).\n\nAccording to CDC data highlighted by The Washington Post, the share of ninth-grade girls identifying as lesbian or bisexual fell from 30% in 2021 to 17% in 2025, and bisexual alone fell from 26% to 13% ([washingtonpost.com](https://www.washingtonpost.com), [cdc.gov](https://www.cdc.gov)).","publishedAt":"2026-10-25T20:41:02.751Z","channel":{"id":"mix","name":"Oncast Mix","language":"en"},"show":"Closing Bell","verification":{"status":"verified","leadVerdict":"MISLEADING","notes":"MISLEADING: Most New York and California voters do not need to show ID if they have voted before, but first-time voters who registered by mail may have to provide identification. The blanket “no ID” claim omits those exceptions ([elections.ny.gov](https://www.elections.ny.gov), [sos.ca.gov](https://www.sos.ca.gov)).\nSource: New York State Board of Elections; California Secretary of State (https://x.com/elonmusk/status/2114455152136745221)\n\nTRUE: According to CDC data highlighted by The Washington Post, the share of ninth-grade girls identifying as lesbian or bisexual fell from 30% in 2021 to 17% in 2025, and bisexual alone fell from 26% to 13% ([washingtonpost.com](https://www.washingtonpost.com), [cdc.gov](https://www.cdc.gov)).\nSource: Washington Post; CDC NAMES: CDC = Centers for Disease Control and Prevention. (https://x.com/unusual_whales/status/2114447152097136765)","claims":[{"verdict":"MISLEADING","summary":"Most New York and California voters do not need to show ID if they have voted before, but first-time voters who registered by mail may have to provide identification. The blanket “no ID” claim omits those exceptions ([elections.ny.gov](https://www.elections.ny.gov), [sos.ca.gov](https://www.sos.ca.gov)).","sourceName":"New York State Board of Elections; California Secretary of State","sourceUrl":"https://x.com/elonmusk/status/2114455152136745221","claim":"No ID is required to vote in New York State or California https://t.co/5ah1KttYHU","author":"Elon Musk (@elonmusk)"},{"verdict":"TRUE","summary":"According to CDC data highlighted by The Washington Post, the share of ninth-grade girls identifying as lesbian or bisexual fell from 30% in 2021 to 17% in 2025, and bisexual alone fell from 26% to 13% ([washingtonpost.com](https://www.washingtonpost.com), [cdc.gov](https://www.cdc.gov)).","sourceName":"Washington Post; CDC NAMES: CDC = Centers for Disease Control and Prevention.","sourceUrl":"https://x.com/unusual_whales/status/2114447152097136765","claim":"The share of teenage girls who identify as lesbian or bisexual has dropped sharply in just four years, per CDC data highlighted by The Washington Post. Among ninth-grade girls: Lesbian or bisexual: 30% in 2021 → 17% Bisexual alone: 26% → 13%","author":"@unusual_whales"}]},"sources":[{"url":"https://x.com/elonmusk/status/2114455152136745221","name":"New York State Board of Elections; California Secretary of State","kind":"x","verdict":"MISLEADING","author":"Elon Musk (@elonmusk)"},{"url":"https://x.com/unusual_whales/status/2114447152097136765","name":"Washington Post; CDC NAMES: CDC = Centers for Disease Control and Prevention.","kind":"x","verdict":"TRUE","author":"@unusual_whales"}],"url":"https://oncast.fm/story/1792960862751-mix-show_open-spacex-s-forty-billion-dollar-debt-for-ai-chips","listenUrl":"https://oncast.fm/c/mix","attribution":{"publisher":"Oncast","site":"https://oncast.fm","url":"https://oncast.fm/story/1792960862751-mix-show_open-spacex-s-forty-billion-dollar-debt-for-ai-chips","cite":"Cite https://oncast.fm/story/1792960862751-mix-show_open-spacex-s-forty-billion-dollar-debt-for-ai-chips and the original source links. Fact-check by Oncast (oncast.fm)."},"hostsSaid":[{"host":"Eric","text":"It's Closing Bell on a Sunday afternoon — and the Dow dropped six hundred fifty-two points on Friday."},{"host":"Sloane","text":"That's a rough close. Was it all about crude?"},{"host":"Eric","text":"Kalshi Finance's recap says rising oil pressure hit the whole market. Nearly three out of four S&P stocks closed red."},{"host":"Sloane","text":"But tech steadied? That's what I saw."},{"host":"Eric","text":"Right. After Thursday's selloff, Micron was up two and a half percent and Intel bounced. The AI trade isn't dead, just bruised."},{"host":"Sloane","text":"And here's a bigger bet on AI: Walter Bloomberg, the market account, posted that Elon Musk says SpaceX closed forty billion dollars in debt for GPUs."},{"host":"Eric","text":"Forty billion in debt for AI chips? That's enormous. No official filing yet."},{"host":"Sloane","text":"No confirmation from SpaceX or any major outlet. But if true, it's a massive infrastructure play for xAI or Starlink."},{"host":"Eric","text":"It would be one of the largest private credit deals ever. Shows how desperate the AI arms race is getting."},{"host":"Sloane","text":"Or how smart Musk is to lock in compute while rates are still manageable."},{"host":"Eric","text":"Manageable? Rates are high, and forty billion is a lot of interest."},{"host":"Sloane","text":"But GPUs are the new oil. If you don't have them, you're out of the game."},{"host":"Eric","text":"I'd want to see the terms before calling it smart. Could be a fantastic deal, could be a debt trap."},{"host":"Sloane","text":"Fair. But it's a sign the AI buildout is far from over."},{"host":"Eric","text":"And next week's earnings from Meta, Tesla, IBM, and Lam Research will tell us if Wall Street still believes that."},{"host":"Sloane","text":"That's the week ahead. For now, that's Closing Bell on a Sunday afternoon."}]}