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Digitimes November 12, 2026 By DIGITIMES negative

SoftBank rejects Musk's default claim, books JPY597.2B data-center loss

AI / LLMRegulationData Center
SoftBank Group (SBG) has denied SpaceX CEO Elon Musk's claim on X that the company defaulted after ordering turbines, while saying its AI infrastructure plans remain on track. However, SBG recorded a JPY597.2 billion (US$3.73 billion) loss in the second quarter of fiscal 2026 (July–September 2026) after reviewing purchases of power-generation equipment for US data centers, though it said the loss was unrelated to Project Stargate Ohio.
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