SpaceX Sells Strange Story About It’s Investor Promises Being Unrealistic, Once The Check Cleared

SpaceX warned investors in its S-1 filing that plans for orbital AI data centers and lunar settlements rely on unproven technology that may never be commercially viable.

Read – https://money.usnews.com/investing/news/articles/2026-04-21/exclusive-spacex-says-unproven-ai-space-data-centers-may-not-be-commercially-viable-filing-shows

Thr question, is Musk now saying this because the competition is more capable or is this a sign of his dimished control over SpaceX within the Trump Administration?

In January, Musk promoted AI data centers in space and Moon operations as next steps.

Read – https://cybernews.com/ai-news/musk-davos-ai-robots-humanity-wef-2026/

With NASA pushing it’s own Moon Base plans and the strange suspicion SpaceX might become federalized along with other Musk companies, this change of the story might be hints of control with Moon infrastructure. This also raises concerns as with all Musk projects over hyping during fundraising, only to sell a different, cheaper product.

SpaceX is targeting a $1.75 trillion valuation and aims to raise up to $75 billion, with a Nasdaq listing expected around June.

Read – https://www.cnbc.com/2026/04/01/spacex-confidentially-files-for-ipo-setting-stage-for-record-offering.html

Companies that say otherwise:

Axiom Space – Building commercial space-station modules and explicitly marketing “orbital data centers” as part of its future infrastructure in low Earth orbit.

Blue Origin – Working on private space stations (e.g., Orbital Reef) and is regularly listed among key players for future orbital computing/data-center infrastructure.

Starcloud (US) – Has launched a satellite with an NVIDIA H100 in orbit, running a large language model; often described as the first real AI data center in space.

Sophia Space – Building solar-powered, passively cooled orbital computers specifically for AI workloads, focusing on solving the cooling problem without heavy radiators.

Aetherflux – Space-computing startup building high-performance “Galactic Brain”–style orbital compute clusters for AI.

Kepler Communications – Today mainly networking/relay in orbit, but partnered with Sophia and others as part of an “orbital cloud” stack (connectivity + compute in space).

Lone Star Data Holdings – Planning orbital and lunar data centers, targeting operational capability by around 2028 for deep-space data and AI infrastructure.