ARK Invest CEO Cathie Wood says orbital data centers could take SpaceX revenue 10 to 20 times higher than existing models.
Orbital Data Centers The Game Changer
Wood explained that ARK’s preliminary work on orbital data centers suggests this business line could dwarf current SpaceX revenue projections by orders of magnitude.
“We have not added data centers, orbital data centers in,” Wood told Bloomberg.
“However, our preliminary work suggests that that part of the business could take SpaceX from a revenue generation point of view, orders of magnitude higher. Ten, 20 times higher,” she added.
Elon Musk’s experience in Memphis, Tennessee, and Mississippi informed the orbital data center strategy.
Memphis residents pushed back against data centers, complaining about increased electricity prices and land use. Musk won’t face those “not in my backyard” issues in space.
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