Ark Investment Management's Brett Winton said SpaceX could generate $300 billion in annual revenue by deploying tens of gigawatts of orbital data center capacity by the late 2020s at current rental rates [1, 2]. He made this forecast publicly on June 11 ahead of SpaceX's record initial public offering pricing [1].
SpaceX is currently the largest holding in Ark's venture fund, reflecting strong investor confidence in the company’s growth prospects [1, 2]. Winton highlighted SpaceX’s multiple revenue streams, including its new booster rocket and the lucrative Starlink satellite internet business [1].
The forecast envisions SpaceX utilizing orbital data centers at a scale of tens of gigawatts, a significant technological and infrastructure achievement in low Earth orbit. The expected revenue stream from renting this capacity signals a transformative potential for the commercial space sector [1, 2].
SpaceX’s ongoing innovation in hardware and satellite internet services underpins Ark’s bullish outlook. The company’s ability to integrate these technologies supports the scale needed for the data center plans [1].
The next key milestone is SpaceX’s initial public offering, which was a focal point when Winton issued his forecast in June. Market reaction and further developments in SpaceX’s infrastructure deployment will be closely watched.
