SpaceX credit risk jumps on worries over its borrowing spree
SpaceX's credit risk has increased due to concerns over its extensive borrowing activities. Investors are worried about the company's growing debt levels and financial stability. (ft.com)
A podcast episode in which Tim Murphy and host Garrison Hayes lay out how the AI-driven building boom in hyperscale data centers has become a rare bipartisan political liability. Murphy argues these facilities have transformed into visible signs of concentrated tech wealth - “oligarchy made into a place” - and that grassroots anger now unites unlikely coalitions against them. Voter opposition runs about three-to-one, and politicians who once courted data center investment are retreating or facing brutal attack ads; Texas governor Greg Abbott’s abrupt shift toward a de facto moratorium is offered as a leading example of the political fallout ahead of the midterms.
The episode catalogs concrete grievances driving the backlash: enormous water use, new gas-fired or diesel backup power plants, rising utility bills, local pollution, relentless noise that neighbors liken to aircraft engines, and projects pushed through with little public notice. Murphy traces the rapid scale-up - from warehouse-sized facilities to complexes measured in “multiples of Manhattan” - and points to high-profile projects such as the Stargate site in Abilene (linked to Sam Altman and Larry Ellison) and Elon Musk-adjacent Colossus II in Memphis. He also connects data centers to broader anxieties about surveillance tech like Flock cameras and the political consolidation of AI power.
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SpaceX's credit risk has increased due to concerns over its extensive borrowing activities. Investors are worried about the company's growing debt levels and financial stability. (ft.com)
The global oil stockpile buffer has been nearly depleted, raising concerns about energy security. Executives warn that the world's emergency reserves are running out as oil consumption continues to grow. (reuters.com)
Wiley has agreed to a 50-50 revenue split with authors of the Dummies series as part of a settlement involving Anthropic. The settlement addresses disputes over intellectual property and revenue sharing rights. (bsky.app)
There have been no new updates to Ghostty since March 2026, with the latest release being version 1.3.1. The project last updated its verified release on March 13, 2026. (github.com)
FICO has reduced its workforce by 15% as part of an AI-driven restructuring strategy. The move aims to optimize the company's operations through increased automation and AI integration. (reuters.com)
Daydream's virtual recording studio allows users to create music tracks in their browser by directing session players and shaping the sound live. It offers tools to upload, record, and arrange parts, then share or export the finished song. (labs.daydream.live)
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