SpaceX's Out-of-This-World Plan Has Flaws. That Bodes Well for This Terrestial Stock.
Yahoo Finance ·
Whether you think Space Exploration Technologies Corp. ( SPCX +0.15% ) , commonly known as SpaceX, is fairly valued at $2 trillion or not, there's no denying its plans are ambitious. SpaceX plans to dominate the AI computing market by putting data centers into outer space. Admittedly, this would solve a bunch of problems. Unfortunately, it would also likely cause a whole host of new ones. If SpaceX is unable to pull it off , one sector is likely to be a big winner. Here are the flaws in SpaceX's "out-of-this-world" plan, and the surprising "down-to-earth" company likely to benefit. AI spending is continuing to grow, and one of the biggest expenditures is on building new AI data centers.
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