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by Jabbles
22 days ago
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If any company can put profitable data centers in space, it will be SpaceX. But I doubt that any company can. The difficulties of the physics and engineering of cooling seem like they will always outweigh the advantages of keeping your data center on Earth. I am annoyed by the insistence that the value of this company comes from something that no one has been able to show is possible yet without multiplying it by the obvious risk factor. And they seem to have got other companies like Alphabet[1] and Anthropic to publicize the idea, to give it more credibility. I do not want my pension to automatically buy shares at $1T, but it looks like it will have no choice. [1] https://www.reuters.com/science/google-spacex-talks-explore-... [2] https://spacenews.com/anthropic-to-consider-using-spacex-orb... |
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They know the game very well. They know that if they manage to pump up the valuation high enough - they will be automatic money flowing in - regardless of actual valuations.