SpaceX's $2.5 trillion valuation rests on orbital AI data center plan

MarketWatch reported Sept. 28 that SpaceX's $2.5 trillion valuation rests on plans for a massive AI data center in orbit. The idea is to use solar power and space vacuum to ease power and cooling limits facing Earth-based centers. The orbital system is still a plan, not operating capacity. I see valuation risk concentrated in execution.