Ark Sees SpaceX Reaching $300 Billion Annual Revenue From Orbital Data Centers
Updated
Updated · Bloomberg · Jun 11
Ark Sees SpaceX Reaching $300 Billion Annual Revenue From Orbital Data Centers
3 articles · Updated · Bloomberg · Jun 11
Summary
Brett Winton of Ark Investment Management said SpaceX could generate $300 billion a year by the late 2020s from orbital data centers, outlining the case ahead of the company’s record IPO pricing.
Tens of gigawatts of space-based data center capacity would underpin that forecast, with Ark basing the estimate on current rental rates for such computing infrastructure.
SpaceX is already the largest holding in Ark’s venture fund, giving the projection added weight as investors assess the company’s growth story.
Ark’s broader thesis also points to other upside drivers, including a new booster rocket and the company’s established Starlink satellite internet business.