Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. <\/p>\n
JPMorgan Chase & Co. CEO Jamie Dimon on Monday called Starlink an “extraordinary product” and said SpaceX’s plan to build artificial-intelligence data centers in orbit could work, offering a prominent Wall Street endorsement as the newly public company’s shares hover near their IPO price. <\/p>\n
Dimon Sees Orbital Computing’s Economic Potential <\/p>\n
Speaking on “The Master Investor Podcast with Wilfred Frost,” Dimon called SpaceX “an extraordinary company” after visiting its operations. JPMorgan helped market SpaceX’s record $75 billion IPO, which priced at $135 per share in June. <\/p>\n
Don’t Miss: <\/p>\n
“I went to visit it, and Starlink is an extraordinary product,” Dimon said. “I’ve seen numbers on the data centers in space that could actually work.” <\/p>\n
Dimon said orbital computing could tap cheap solar power, reduce cooling expenses and avoid some constraints facing ground-based facilities. He acknowledged difficulties in returning data to Earth, but said laser links could redirect transmissions between satellites when clouds block a receiving site. <\/p>\n
Trending: Avoid the #1 Investing Mistake: How Your ‘Safe’ Holdings Could Be Costing You Big Time<\/a> <\/p>\n Technical And Commercial Risks Remain Unresolved <\/p>\n SpaceX operates more than 10,000 Starlink satellites, the world’s largest low-Earth-orbit communications network. Elon Musk plans to test orbital AI computing by the end of 2027 using technology derived largely from Starlink V3 spacecraft. Musk has called solar-powered orbital data centers a “no-brainer,” and recently said SpaceX could fly the first systems next year. <\/p>\n The concept remains unproven. SpaceX warned in its IPO filing that orbital data centers may never become commercially viable. Amazon Web Services CEO Matt Garman called the idea “pretty far” from reality, citing launch capacity and payload costs. <\/p>\n Investors Debate Valuation As Shares Retreat <\/p>\n Investors remain divided. Deepwater Management Managing Partner Gene Munster has argued that SpaceX’s rockets, satellites and AI stack create a “sovereign AI” advantage that competitors cannot easily match. The Future Fund LLC’s Gary Black has focused on valuation, saying investors should not pay roughly 150 times projected 2026 EBITDA. <\/p>\n See Also: Skip the Regrets: The Essential Retirement Tips Experts Wish Everyone Knew Earlier.<\/a> <\/p>\n Story Continues <\/p>\n SpaceX shares recently slipped below their IPO price after reaching a high of $225.64 on June 16, while short sellers accumulated an estimated $8.7 billion in paper gains, Reuters reported last week. <\/p>\n Dimon’s praise follows a major thaw in his relationship with Musk. He called Musk “our Einstein” in 2025 and later “the Edison of our time.” Musk recently replied to a viral post reviving the comparison with, “Thanks, Jamie!” <\/p>\n According to Benzinga Edge Rankings, SpaceX stock fails to provide a favorable price trend in the Short, Medium and Long term. <\/p>\n Read Next: Think you’re saving enough for your kids? You might be dangerously off \u2014 see why<\/a> <\/p>\n Building Wealth Across More Than Just the Market <\/p>\n Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry. <\/p>\n Arrived <\/p>\n Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can <\/a>buy fractional shares of single-family rentals and vacation homes starting with as little as $100<\/a>. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly. <\/p>\n Realberry <\/p>\n Institutional-quality real estate has traditionally been difficult for individual investors to access. Realberry gives accredited investors direct access to private real estate opportunities <\/a>backed by a team with 35 years of experience, $3.4 billion in assets under management, and $481 million in cumulative distributions paid to investors as of Q4 2025, according to the company. With a portfolio spanning 13 million square feet across seven U.S. states, Realberry focuses on acquiring, developing, and managing real estate with an emphasis on long-term value creation while its principals often invest alongside clients to help align interests. <\/p>\n FarmTogether <\/p>\n Farmland has historically held its value through market volatility and delivered returns uncorrelated to stocks and bonds. For accredited investors, FarmTogether offers direct access to high-quality U.S. farmland starting at $15,000<\/a> \u2014 fully managed, with no landlord headaches. <\/p>\n Immersed <\/p>\n Immersed is building technology for the future of work through spatial computing.<\/a> Known for its AR\/VR productivity platform that enables users to work across multiple virtual screens, the company has grown to more than 1.5 million users worldwide. Immersed is also developing Visor, a lightweight headset designed specifically for professional productivity, positioning the company at the intersection of remote work, extended reality (XR), and next-generation computing. <\/p>\n Fundrise <\/p>\n Private real estate and private credit can add income and stability to a stock-heavy portfolio. Fundrise offers access to diversified private real estate<\/a> and credit strategies through an easy-to-use platform, with professionally managed portfolios designed to generate passive income and long-term growth. <\/p>\n Mode Mobile <\/p>\n Mode Mobile is changing the way people interact with their phones by letting users earn money from the same apps and activities they already use every day.<\/a> Instead of platforms keeping all the advertising revenue, Mode Mobile shares a portion back with users who engage with content, play games, and scroll on their devices. Named one of Deloitte’s fastest-growing software companies in North America, the company has built a large beta user base and is scaling a model that turns everyday smartphone usage into a potential income stream.\u00a0 <\/p>\n EquityMultiple\u00a0 <\/p>\n For accredited investors looking beyond stocks and bonds, EquityMultiple provides access to vetted commercial real estate deals starting at $5,000<\/a>,<\/a> with only ~5% of opportunities passing their due diligence process. <\/p>\n \u00a9 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. <\/p>\n","protected":false},"excerpt":{"rendered":"Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. JPMorgan…\n","protected":false},"author":2,"featured_media":817882,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[64,63,10832,3120,393582,8678,1003,128,285,5437,5707,393581],"class_list":["post-817881","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-au","tag-australia","tag-data-centers","tag-elon-musk","tag-ipo-price","tag-jamie-dimon","tag-real-estate","tag-science","tag-space","tag-spacex","tag-starlink","tag-wilfred-frost"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/817881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=817881"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/817881\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/817882"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=817881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=817881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=817881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}