SpaceX moves orbital AI data center plans toward timeline

SpaceX’s move follows its record‑setting IPO in June 2026, when it traded on the NASDAQ at a valuation of about $1.77 trillion. The company generated $18.7 billion in revenue in 2025, up 33 % year over year, and analysts project $25 billion in 2026. Starlink, its satellite‑internet division, contributed $11.39 billion in revenue and $4.5 billion in operating income in 2025, providing the financial capacity for the long‑term orbital AI investment.

Elon Musk said the company has requested FCC approval for a constellation of up to 1 million satellites designed to handle complex AI workloads, marking a significant step toward a large‑scale orbital computing network.