# Musk Rules Out SpaceX Buying Distressed New Cloud Providers By John Kim Canonical URL: https://www.tokenpost.com/news/business/40810 Published: 2026-10-26T05:22:39.000Z Updated: 2026-10-26T05:22:39.000Z Section: Business > His statement addressed a potential purchase of newer cloud firms facing financial distress. Tesla CEO Elon Musk said SpaceX would not acquire distressed newer cloud providers. His statement concerned that specific category of potential deal, rather than acquisitions generally. Musk's comments addressed speculation about SpaceX buying companies in financial distress. Musk has also raised [concerns about computing capacity left unused at unfinished data centers](). ## Links in this article - [concerns about computing capacity left unused at unfinished data centers](https://www.tokenpost.com/news/technology/40660)