@glynmoody

There are signs that the foreign loans financing Larry Ellison & Elon Musk are in trouble.

"Banks seek out new buyers for Oracle data centre loans"
https://www.ft.com/content/90aa74a5-b39d-4131-a138-367726cb18fb
https://archive.is/hvt1X

https://www.bloomberg.com/news/articles/2026-04-08/pimco-seeks-to-sell-parts-of-14-billion-oracle-data-center-debt

https://www.businessinsider.com/oracle-doubles-down-on-data-center-spending-cost-cutting-2026-3

"Banks seek to offload risk to avoid ‘choking’ on data centre debt"
https://www.ft.com/content/08aba5e4-5834-4e79-a48d-989a2c5bad0f
https://archive.is/QoKmI

Financiers are doing what they did for Musk & Twitter; dumping the debts on Greater Fools, at a steep discount.

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https://fortune.com/2024/08/20/elon-musk-tesla-twitter-leveraged-buyout-debt-banks-barclays/

https://www.reuters.com/markets/us/how-will-elon-musk-pay-twitter-2022-10-07/

Question: why are banks & private lenders so willing to lose money for AI billionaires?

https://www.wsj.com/finance/banking/elon-musk-x-twitter-debt-sale-a1ef2b5a

https://www.theatlantic.com/technology/2026/03/ai-boom-polycrisis/686559/

"How Wall Street offloaded $13bn of debt tied to Elon Musk’s Twitter deal"
https://www.ft.com/content/51c51b49-57fc-435d-9146-e86d7b19ca81
https://archive.is/FButV

https://www.theguardian.com/technology/2023/jan/22/elon-musk-twitter-debt

https://www.cnbc.com/2023/07/15/elon-musk-says-twitter-cash-flow-remains-negative-with-heavy-debt-.html

https://www.bloomberg.com/news/articles/2025-01-27/x-debt-shopped-with-6-billion-sweetener-from-elon-musk-s-ai-bet

https://slate.com/technology/2023/10/x-linda-yaccarino-debt-cash-flow-positive.html