A space startup raises $275M for orbital GPUs and power beaming

Claim

Cowboy Space Corporation raised $275 million at a $2 billion valuation to build low-orbit infrastructure for the AI era with space-to-Earth power beaming this year and an orbital GPU cluster by 2027, while SpaceX completed a Starship V3 launch rehearsal and prediction markets projected its listing above $2.2 trillion.

Reported metric: $275M / $2.2T

Reporting date: 2026-05-12 (not necessarily the event date)

Sources

Attribution and reporting linked by this record; links do not imply independent verification.

• Welcome to May 12, 2026 (theinnermostloop.substack.com)