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The Economic Times
The Economic Times
Technology

SpaceX's near-term AI payoff seen tethered to Earth, not outer space

Elon Musk may have pitched a future where space powers AI, but Wall Street analysts say SpaceX's near-term value remains ​firmly tethered to Earth, where it is building ​out the infrastructure underpinning the AI boom.

Infrastructure providers, particularly data centers, are poised to be among the ​biggest beneficiaries of the AI boom as businesses and consumers rapidly adopt the technology for applications ranging from software coding and robotics to everyday tasks such as shopping and planning.

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