geekwithsoul

At least in Northern Virginia where most of the existing data centers are and where most of the announced build out is planned, populations are steady or falling - not a lot of new residential buildouts for them to tie new power capacity to, and current neighborhoods already have existing power capacity built out for them. Anything the data centers ask for is pretty much 100% for their use and not anyone else’s.

I think in the eyes of many investors, Elon has lost whatever mojo they thought he had. As Elon never had any mojo to speak of, this mostly just means the investors are finally catching up with reality.