Reporting
Top 20 by Trading Volume | SanDisk surges 11%, Micron rises 4%; Musk personally oversees SpaceX's data center site
Filed 18 Sept, 21:32 · news.google.com
Curated by editorial team
Reporting
Filed 18 Sept, 21:32 · news.google.com
Curated by editorial team
SpaceX is reportedly planning to build its own data center, with CEO Elon Musk personally involved in selecting the site. The facility is intended to support Starlink, SpaceX's satellite internet constellation. This move signifies a significant expansion of SpaceX's infrastructure beyond rocket manufacturing and satellite deployment, aiming to bring crucial components of their internet service in-house.
This strategic decision could offer SpaceX greater control over Starlink's operations, potentially improving performance, security, and cost-efficiency. Having dedicated data centers would allow for closer integration with their satellite network, reducing reliance on third-party providers and enabling more rapid development and deployment of new services. It also suggests a long-term commitment to dominating the satellite internet market.
“Top 20 by Trading Volume | SanDisk surges 11%, Micron rises 4%; Musk personally oversees SpaceX's data center site”
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