Business Insider
13 Nov 2026, 10:33 UTC · 1h ago
AWS CEO throws cold water on AI data centers in space
Impact · against what's priced in
The AWS CEO's dismissal of orbital data centers reduces the near-term probability of the speculative SpaceX-led AI infrastructure buildout, which current valuations for Nvidia and Tesla are already discounting. While the news provides a slight headwind for the SpaceX vision, it does not fundamentally shift the current bearish posture of the market regarding these high-frontier AI bets.
- NVDA−0.10
Challenges what's priced in
- The price assumes
The SpaceX 10-gigawatt partnership generating $120–230 billion in incremental revenue
The market is not yet paying for the SpaceX partnership revenue; Garman's claim that orbital centers are impractical for 10-20 years makes this unpriced catalyst less likely to materialize in the near term.
What NVDA's price assumes · Sep 1
