Updated
Updated · Bloomberg · Jun 10
Baillie Gifford Warns SpaceX’s $1.75 Trillion Valuation Faces Large Orbital Data-Center Risks
Updated
Updated · Bloomberg · Jun 10

Baillie Gifford Warns SpaceX’s $1.75 Trillion Valuation Faces Large Orbital Data-Center Risks

1 articles · Updated · Bloomberg · Jun 10

Summary

  • Peter Singlehurst of Baillie Gifford said SpaceX’s plan to put data centers in Earth orbit carries “large” risks even as the company tests what he called its next major hypothesis.
  • The warning centers on a new growth bet embedded in SpaceX’s roughly $1.75 trillion valuation: if orbital data centers work, Singlehurst said, the payoff could also be large.
  • Baillie Gifford is a private investor in SpaceX, making the caution notable because it comes from a backer framing the project as a high-upside, high-risk validation effort.

Insights

With a $1.75 trillion valuation on the line, what is SpaceX’s plan B if its indispensable Starship rocket fails?
Can orbital data centers become the 'AWS of space,' or will extreme risks keep cloud computing firmly grounded on Earth?
As one company plans a million-satellite network, how can global regulations prevent the private ownership of Earth's orbit?