[largbae]

Regulatory problems are doing the heavy lifting. Sure power is "free", if you can launch it, station keep it and cool it and if the data services are useful at the modem latencies of geosync and lunar orbits. But if datacenter projects can't be built/powered fast enough due to permitting, this is an expensive workaround.

[bakies]

The orbits are lower than that. Not that it changes the point.

[ben_w]

Also, the lifetime of the panels on the ground is longer by about the same multiple as the power advantage of going to space, so if you're limited by the size of your photovoltaic factory, there's no reason to go to space.