Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk says the commercial spaceflight giant’s orbital data center satellites will cost far less than Wall Street analysts’ predictions ahead of Starship’s maiden orbital launch on Monday.
Elon Musk Weighs in on SpaceX’s AI Compute Costs
In a post on X on Saturday, user Jo Bhakdi said that Wall Street had priced SpaceX’s 1 GW of orbital compute to cost anywhere between $160 and $180 billion, but that his firm had calculated the costs to be “$68 billion all in, falling to $43 billion by 2035,” Bhakdi said.
Responding to Bhakdi, Musk shared his take on the costs. “Will be way better than that by 2028,” the billionaire said on Sunday, reaffirming his bullish stance on SpaceX’s launch and AI capabilities.
Starlink Will Be Earth’s ‘De Facto’ Internet
In a separate post, Musk reiterated his view that the Starlink satellite internet service could end up becoming the entire planet’s internet. “It is increasingly probable that Starlink will carry a majority of Earth’s IP traffic long-term,” Musk said on Sunday, in response to investment firm Mach33‘s CEO Aaron Burnett.
“At that point, Starlink would de facto become the Internet and everything else would connect to Starlink,” Musk said as Burnett spoke about the firm’s forecasts on the Starlink V3 constellation deployments by 2028.
Musk, last week, said that the Starship rocket’s first orbital launch will take place on September 28, after the company had delayed the launch from September 22. Musk had earlier said that the Starlink internet service would become more reliable than cable.
Price Action: SpaceX shares were up 0.28% to $149.09 during overnight trading.
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