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Robinhood Cofounder Plans Space-Based Data Centers

May 17, 2026

1 min read

Key Takeaways

Cowboy Space Corporation plans to build 20,000 space-based data centers.
The company raised $275 million at a $2 billion valuation.
Data centers will be housed in the upper stage of rockets.
Launch is planned for the end of 2028.

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Strategic Implications

This initiative may signal a significant shift in the data center industry towards space-based solutions, which could reduce energy costs and environmental impact. The use of space-based data centers suggests a potential new market for aerospace companies and may indicate a growing trend towards space-based infrastructure.

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What Happened

Ambitious Project Aims To Launch 20,000 Orbital Facilities

Cowboy Space Corporation, founded by Robinhood cofounder Baiju Bhatt, plans to build 20,000 space-based data centers, with the first launch scheduled for the end of 2028. The company has raised $275 million at a $2 billion valuation and aims to reduce energy costs and environmental impact by using space-based facilities. According to Forbes, Cowboy’s innovative approach involves housing data centers in the upper stage of rockets, which could simplify design and reduce launch costs.

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