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Cryptocurrency punters are not very hopeful about an official agreement between Space Exploration Technologies Corp. and Alphabet Inc. subsidiary Google to build data centers in orbit around Earth. Polymarket Odds Fall Sharply
Polygon (CRYPTO: POL)-based Polymarket currently assigns only a 13% chance of this happening before Dec. 31, down from 53% a month ago. The odds have cratered since reaching a peak of 81%.
An official agreement between Google and SpaceX related to launching, developing, operating, or partnering on orbital data centers will suffice for a “Yes” resolution.
Is Space Computing the Future?
Orbital compute refers to computers and servers that operate aboard satellites or space stations in Earth’s orbit.
Elon Musk has been a long-standing advocate of orbital computing and expressed confidence that SpaceX could prepare to build orbital data centers as soon as next year.
He said that space-based computing is inevitable because it offers a "trillion times" more scale than anything possible on Earth.
In May, reports surfaced that SpaceX and Google are in talks for a launch deal, with Google planning prototype satellite launches by 2027
Google CEO Sundar Pichai said that "tiny racks of machines" in satellites could become a normal way to build data centers within a decade.
Price Action: SpaceX shares rose 0.63% in after-hours trading after closing 6.70% lower at $115.26 during Wednesday’s regular trading session. Alphabet shares
According to Benzinga’s Edge Stock Rankings, the SPCX stock has shown a weaker price trend across short-, medium-, and long-term horizons
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This article SpaceX, Google to Announce Partnership to Build Orbital Data Centers? Crypto Punters Weigh 2026 Odds originally appeared on Benzinga.com.
