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.