Did SpaceX Just Save CoreWeave, Nebius, and the Neocloud Sector?

SpaceX's AI infrastructure business is booming with revenue nearly tripling to $7.56 billion in Q3, accounting for over 80% of capital expenditures. CEO Elon Musk reported strong demand, pricing above the $30-$50 per watt range, and payback periods under one year on new deployments. While these positive signals could benefit struggling neocloud competitors like CoreWeave and Nebius, investor enthusiasm was muted in regular trading. CoreWeave faces significant debt challenges with interest expenses at roughly 25% of revenue, requiring strong Q3 earnings and bottom-line progress to recover investor confidence.