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Benzinga

Elon Musk Says SpaceX’s Orbital Compute Will be ‘Way Better’ Than Analysts’ Predictions by 2028—Starlink Could Become Earth’s ‘De Facto’ Internet

• Musk says SpaceX's 1GW orbital data center will cost far less than Wall Street's $160-180B estimate • Analyst pegged all-in cost at $68B, dropping to $43B by 2035; Musk says it'll be even better by 2028 • Musk reiterates Starlink could become Earth's 'de facto' internet carrying most IP traffic SpaceX CEO Elon Musk said the company's orbital data center satellites will cost significantly less than Wall Street projections, ahead of Starship's maiden orbital launch scheduled for Monday. Responding to a Wall Street estimate of $160-180 billion for 1 GW of orbital compute, X user Jo Bhakdi calculated an all-in cost of $68 billion, falling to $43 billion by 2035. Musk said SpaceX would do "way better than that by 2028." Separately, Musk reiterated that Starlink could carry the majority of Earth's IP traffic long-term, potentially becoming the internet's de facto backbone, as investment firm Mach33 forecasts Starlink V3 constellation deployments by 2028. SpaceX shares traded up 0.28% to $149.09 overnight.
September 28, 2026 at 2:12 AMSPCX
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