Most of the value in SpaceX's IPO is effectively a call option on the company's ambitious space data center plans.

A Los Angeles-based startup has raised $5 million to fund an in-orbit computing demonstration next year, ahead of plans to deploy more than 100,000 orbital data centers to meet surging demand for AI infrastructure.

The post Orbital raises $5 million to join orbital data center race appeared first on SpaceNews.

The carmaker will follow Tesla in making components for large batteries used by electric utilities, data centers and other businesses to handle fluctuations in power supply and demand.

The carmaker will follow Tesla in making components for large batteries used by electric utilities, data centers and other businesses to handle fluctuations in power supply and demand.

© Rebecca Cook/Reuters