Dimon Sees Orbital Computing\u2019s Economic Potential<\/p>\n
Speaking on “The Master Investor Podcast with Wilfred Frost,\u201d Dimon called SpaceX “an extraordinary company” after visiting its operations. JPMorgan helped market SpaceX\u2019s record $75 billion IPO<\/a>, which priced at $135 per share in June.<\/p>\n “I went to visit it, and Starlink is an extraordinary product,” Dimon said. “I\u2019ve 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 Technical And Commercial Risks Remain Unresolved<\/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<\/a>, citing launch capacity and payload costs.<\/p>\n Investors Debate Valuation As Shares Retreat<\/p>\n SpaceX shares recently slipped below their IPO price<\/a> 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\u2019s 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!”<\/a><\/p>\n