Fidelity Tracks Starship as Musk Targets Space-Based AI Data Centers
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Fidelity Investments is exploring Elon Musk's plan for AI data centers in space, viewing it as a long-term opportunity despite execution risks. Karin Fronczke highlighted the potential to overcome terrestrial limitations and utilize solar energy. However, investor focus remains on the economic viability, hinging on SpaceX's Starship program. The upcoming launch of a third-generation Starship is crucial, with reusable boosters potentially lowering costs. Fidelity, which invested in SpaceX in 2015, is modeling metrics to assess the feasibility of space-based data centers, linking this to Musk's Terafab project for chip manufacturing.
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