capital
There aren’t enough rockets for space data centers — Cowboy Space raised $275M to build them
May 11, 2026
Cowboy Space raised $275 million to build rockets for putting data centers in orbit around Earth, responding to the surging demand for AI compute. The key obstacle is launch capacity: there are not enough rockets available, and the cost of sending hardware to orbit is still too high for space data centers to be practical at scale.
The apparently insatiable demand for AI compute has data center entrepreneurs looking to the stars. There's a key problem: There aren't enough rockets to put data centers in orbit around Earth, and they're too expensive.
Source: techcrunch.com