Elon Musk Says SpaceX’s Orbital Compute Will be ‘Way Better’ Than Analysts’ Predictions by 2028—Starlink Could Become Earth’s ‘De Facto’ Internet

9/28/2026
Impact: 70
Consumer Cyclical

Elon Musk, CEO of SpaceX (NASDAQ: SPCX), stated that the costs of the company's orbital data center satellites will be significantly lower than Wall Street's estimates of $160 to $180 billion, predicting costs could drop to $43 billion by 2035. Musk also expressed confidence that by 2028, SpaceX's orbital compute capabilities will exceed analysts' expectations. Additionally, he claimed that Starlink could become the primary internet service globally, potentially handling the majority of Earth's IP traffic in the long term. Following these announcements, SpaceX shares rose by 0.28% to $149.09.

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