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.

Instead of spending a year raising a formal venture fund, the Sabertooth VC founder used a captive network of LPs to invest in startups like Anthropic, Anduril, and SpaceX.