Part 4/7:
The financial architecture of Stargate is critical to its viability. The discourse highlights that the first phase of Stargate—a data center located in Abilene, Texas—incurs costs substantially lower than the initial estimates suggest; experts indicate that the first phase would demand $50 billion in capital expenditure, primarily for servers.
A detailed breakdown reveals that the operational costs, including leasing GPUs and ongoing maintenance, likely inflate the total costs, which should be viewed more accurately as a “total cost of ownership” rather than direct investment or capital expenses.