... it's just another pack of lies like everything else Musk hypes up.
Counterargument: Who would have predicted a few years ago that one private company would dominate global launch, launching more by every metric than the rest of the world combined, and -- all by itself -- triple the number of satellites in orbit in 7 years.
Sure, 200Xing the satellite count is a lot harder than tripling the satellite count, about 66 times harder. But if Starship is successful (by no means a given, also far from impossible), SpaceX will reduce per-kg launch costs by 100X, maybe more.
I'm skeptical... but I would also not just write it off as a "pack of lies". The things SpaceX is actively working on should make the launch part of it feasible. Will it be cost-effective? That's a harder question, and heat dissipation is the core thing that may make it infeasible.
Also, the final paragraph of the summary seems to be confused:
So, why are the hyperscalers hyping orbital data centers? Answer: because it's lucrative. "The Elon Musk part of it is honestly genius because he's got xAI building the data centers, SpaceX sending them to space, and Tesla building solar panels," Genkina says. "It's almost like he's paying himself."
Yes, SpaceX will be incredibly lucrative if it owns the whole vertical stack, building, launching and powering -- but only if it works. If it doesn't work, and if orbital compute isn't cheaper than planet-bound compute, then SpaceX will have no buyers.
The other possibility is that it's just a pump and dump, but that's not how Musk has ever worked in the past. Yes, he makes crazy promises, and delivers only half of them, and delivers years after the promised date, but those half-realized, years-late results are still often world-changing.