X Daily News(@xDaily ):NEWS: Fidelity Investments, a major SpaceX shareholder, said it sees a viable path for Elon Musk's vision of AI data centers in orbit, but said the economics hinge on Starship becoming operational at scale. "Conceptually it makes a ton of sense in the longer term to be thinking about data centers in space," said Karin Fronczke, Fidelity's head of global private equity investments. "The question of course becomes: Is it economical? And frankly what we've been watching for as investors is Starship." SpaceX has pitched orbital compute infrastructure as a way to bypass terrestrial constraints including power grids and land use.

2026.03.24 05:12

NEWS: Fidelity Investments, a major SpaceX shareholder, said it sees a viable path for Elon Musk's vision of AI data centers in orbit, but said the economics hinge on Starship becoming operational at scale. "Conceptually it makes a ton of sense in the longer term to be thinking about data centers in space," said Karin Fronczke, Fidelity's head of global private equity investments. "The question of course becomes: Is it economical? And frankly what we've been watching for as investors is Starship." SpaceX has pitched orbital compute infrastructure as a way to bypass terrestrial constraints including power grids and land use.