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Robinhood cofounder raises $275M for space-based data centers

Cowboy Space Corporation, founded by Robinhood cofounder Baiju Bhatt, has raised $275 million at a $2 billion valuation to build 20,000 data centers in orbit. The company aims to leverage constant solar power and integrate data center hardware into rocket upper stages to reduce costs and complexity. Challenges include heat dissipation and ambitious timelines, but Bhatt believes his team can overcome them, targeting a launch by the end of 2028. AI

Summary written by gemini-2.5-flash-lite from 1 source. How we write summaries →

IMPACT Accelerates development of orbital infrastructure critical for scaling AI compute demands.

RANK_REASON Significant funding round for a company developing novel AI infrastructure. [lever_c_demoted from significant: ic=1 ai=0.7]

Read on Forbes — Innovation →

Robinhood cofounder raises $275M for space-based data centers

COVERAGE [1]

  1. Forbes — Innovation TIER_1 · Alex Knapp, Forbes Staff ·

    How Robinhood Cofounder Baiju Bhatt Plans To Put Data Centers In Space

    A new design for orbital data centers. Greener cement. The sweet spot for getting enough sleep. All that and more in this week’s edition of The Prototype.