Competitive Threats from Meta/SpaceX and Nebius

Meta and SpaceX entering compute leasing, but CEO says competition hasn't hurt demand. A comparison piece favors Nebius over CRWV due to debt burden, reinforcing competitive pressure. New: Nebius and CoreWeave exploring short-term compute—adds nuance to capacity utilization and partnership dynamics, with positive institutional sentiment noted. Reuters analysis also contrasts neoclouds vs hyperscalers, recommending short neoclouds, which amplifies competitive risk.