Comparing Stargate with financing for his own AI infrastructure buildout plans:
“Look, all I know is, I’m good for my $80 billion,” said Nadella, laughing.
It looks like we'll be doing some of that reverse chronology narrative structure for this post on the $500 billion idea.
Earlier that day:
“They don’t actually have the money,” Musk wrote on his social media
platform X. “SoftBank has well under $10B secured. I have that on good
authority.”
....MUCH MORE
Keeping in mind that Musk is familiar with Larry Ellison, CEO of one of the three lead partners in Stargate, Oracle. From October 5, 2024's "AI versus the climate as data center emissions soar":
The AI business has a lot of money, OpenAI just raised $6 billion at a $157 billion valuation, or my favorite recent example, the three centi-billionaires Jensen Huang (NVDA), Elon Musk (TSLA+++) and Larry Ellison (ORCL) having dinner at Nobu, Palo Alto, combined net worth at the table $550 billion, with Musk and Ellison begging Huang to get them more chips:
“Please take our money. By the way, I got dinner. No, no, take more of it.
We need you to take more of our money please.”
—Ellison on the table-talk
Earlier:
January 2021 - "Oracle cofounder Larry Ellison scores $12 billion gain on his Tesla stock in under 3 years" (ORCL; TSLA)
Earlier still:
December 2018 - Oracle's Larry Ellison To Join Tesla's Board (TSLA)