StocksMedium•12 November 2026•
1 min read
Elon Musk Dismisses Concerns Over Anthropic-SpaceX AI Infrastructure Deal
Key Facts
1Elon Musk stated that AI infrastructure demand will remain strong, dismissing concerns that Anthropic might walk away from a $120 billion deal with SpaceX.
Elon Musk stated that AI infrastructure demand will remain strong, dismissing concerns that Anthropic might walk away from a deal with SpaceX. Benzinga reported that Musk's comments address market speculation regarding whether AI companies will follow through on massive infrastructure commitments amid rising costs.
The SPCX stock closed at $139.75 on November 11, 2026, after reaching a session high of $145.16 and a low of $138.62. These remarks come as Musk asserts that compute demand remains high despite fears of a potential market glut.