tech

May 11, 2026

There Aren't Enough Rockets for Space Data Centers. Cowboy Space Raised $275 Million to Build Them.

Cowboy Space Corporation wants to put data centers in orbit. First, it has to build the rockets to get them there.

There Aren't Enough Rockets for Space Data Centers. Cowboy Space Raised $275 Million to Build Them.

TL;DR

  • The demand for AI compute is driving interest in space data centers, but a scarcity of rockets is a major obstacle.
  • Cowboy Space Corporation has raised $275 million to develop its own rocket program, aiming for its first launch by the end of 2028.
  • The company plans to build data centers directly into the second stage of its rockets to address launch capacity issues.
  • Cowboy Space has hired industry veterans and plans to develop its own rocket engine.
  • The company believes the market is large enough for multiple successful players and sees AI demand continuing to grow while terrestrial options become limited.