Google stock (NASDAQ: GOOG) could soon moon as Alphabet is in talks with SpaceX to launch data centers in orbit, according to the Wall Street Journal. The plan is named ‘Project Suncatcher‘ and aims to launch two prototype satellites sometime in 2027. Reports suggest that Elon Musk is keen on the development and is pushing for the launch in Q1 of 2027. The billionaire wants to be the first to build space-based AI computing infrastructure.
This comes after Anthropic agreed in early May to tap SpaceX’s Colossus 1 facility and explore space-based data centers. Google is now exploring the idea of putting data centers in space, which would be a major shift in the AI sector. If Alphabet and Anthropic collaborate with SpaceX for the out-of-this-world project, many other AI giants would follow suit. This would also make Google stock see a paradigm shift and make analysts rewrite their price predictions.
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Google Stock Prediction: Data Centers in Space Could Boost GOOG & SpaceX’s Value
Space is the final frontier, and the AI data centers operating from orbit could change the way tech titans operate. SpaceX would also earn billions in revenue through the deals by powering the ambitious project. The development would further boost its IPO prospects, where its valuation already stands at $1.75 trillion. An investment in Google stock before the rocket launch would be beneficial to traders.
A major accumulation phase could begin once the rocket launch date is announced by SpaceX sometime in 2027. This could make Google stock head north on the heels of the satellite launch into orbit. Therefore, taking an entry position now while its price is trading below $400 will be a worthwhile investment. The AI industry is reaching new milestones every month, and this development has literally taken it out of this world.
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