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# Big Tech, Bigger Bets, Money Moves
- URL: https://adjacent.media/scan/2026-10-07-pm/
- Published: 2026-10-07T23:17:06.000Z
- Updated: 2026-10-07T23:17:06.000Z
- Description: Beijing trade tensions and a $40B GPU debt deal dominated. Spirit Airlines filed for bankruptcy. Crypto markets sold off.
- Author: Jonathan Greene
- Tags: #scan-pm, #scan

Beijing trade tensions and a $40B GPU debt deal dominated. Spirit Airlines filed for bankruptcy. Crypto markets sold off.

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### Connected World

#### [SpaceX reportedly in talks to borrow $40B to buy Nvidia AI chips](https://thenextweb.com/news/spacex-40bn-debt-nvidia-chips-apollo?ref=adjacent.media)

SpaceX is seeking to borrow $40B to buy Nvidia AI chips, one of the largest chip-financing deals on record. *(Financial Times via The Next Web)*

#### [Airfares Have Spiked. Is the Death of Spirit Airlines to Blame?](https://www.nytimes.com/2026/10/07/travel/airfares-flights-cost-spirit-airlines.html?ref=adjacent.media) (paywall)

Spirit Airlines' collapse exposed the math of ultra-low-cost carriers: rising fuel and labor costs erode razor-thin margins. *(NYT)*

### Connected World

#### [Europe's Trade Tensions With China Are Coming to a Head](https://www.nytimes.com/2026/10/07/business/china-europe-trade-issues.html?ref=adjacent.media) (paywall)

The EU is preparing stricter measures as negotiators head to Beijing for talks on October 8-9, citing surging Chinese exports. *(NYT)*

#### [Bitcoin briefly slides below $84,000 as crypto long liquidations reach $487 million](https://www.theblock.co/news/markets/2026-10-06-bitcoin-slides-crypto-long-liquidations-surge-417882?ref=adjacent.media) (paywall)

Crypto markets declined sharply, hitting overleveraged long positions. *(The Block)*