# NextDC's electric shock, NAB says 2500 jobs must go & Musk’s $5trn move

An episode of [Chanticleer](https://invisiblenetwork.ai/podcast/1643369456), 23 Oct 2026, 44 min.

Audio: https://pdst.fm/e/traffic.omny.fm/d/clips/88b564ea-a9a6-4751-910a-a5d800019396/c39e4dba-33a4-405c-b94b-af0500363f54/ee0219c2-6d8e-4daa-a723-b4ec00594d1d/audio.mp3?utm_source=Podcast&in_playlist=c01f272e-2665-489b-81d4-af05003bd914

This week, Chanticleer columnist James Thomson and deputy editor of business Anthony Macdonald jump into a couple of corporate story crackers on NextDC and NAB, preview the piece of data that will make or break Melbourne Cup Day, and take a question on whether the Chooks need to step up their AI game. This podcast is sponsored by Stripe. To ask a question, email chanticleer@afr.com. Further reading: $3b gone in 40 minutes: Inside the NextDC bloodbath NextDC’s savage share price sell-off is more evidence that the country’s much-hyped AI infrastructure sector is bleeding. Two more big tests loom in the coming months. What Musk’s mega Tesla-SpaceX merger is really about Any tie-up between the billionaire’s two companies would be a huge moment for markets. But the reason is power, not money. The two forces behind NAB’s job cuts should scare every Australian The bank’s dual-pronged hammer blow to jobs should resonate across Australia’s office towers, particularly with the nation’s white-collar workers. See omnystudio.com/listener for privacy information.

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