Why is it that when Musk sells computing power, it's fine, but when Meta sells computing power, the market crashes? One reason is that the market itself was already due for a pullback. Another reason is that, purely from the perspective of selling computing power, their nature and timing are different. Musk rented out xAI's old computing clusters to Anthropic, essentially liquidating inventory assets without altering his core business. The timing happened during a period of extreme AI computing power shortage. Back then, the market logic was 'computing power is king,' and his move to sell idle assets was seen as a smart business decision, aligning with the market's frenzied demand for computing power. Meta, as one of the giants with the largest AI investments, planned to establish a 'Meta Compute' business to sell surplus computing power as a cloud service. This isn't just clearing inventory; it's directly entering the cloud computing market, competing with its own suppliers (like CoreWeave) and customers. The strategic significance is entirely different. This happened at a sensitive moment when the market's demand for infinite computing power started to waver. Naturally, the market's major players interpreted this move as 'even Meta thinks there's more computing power than we need.'