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Nvidia announces a $500B AI data center financing plan with major Wall Street firms, anchored by a guarantee to cover up to 25% of GPU collateral value declines, effectively creating a secondary market for aging GPUs and raising circular-financing concerns.
SpaceX's IPO reveals that investors in multi-layered special purpose vehicles may not know their true share holdings until lock-ups lift, and could face unexpectedly low or zero allocations due to structural complexity and fees.