According to TrendForce, as SpaceX continues to broaden the scope of its satellite broadband services, it is also making significant strides into cutting-edge domains, including direct-to-phone satellite connectivity, AI-driven space computing, and space-based solar power. By scaling up its in-house space AI computing chip production facility, Terafab, SpaceX has fortified its vertical integration prowess. This move is propelling a paradigm shift within the low-Earth orbit (LEO) satellite sector, transitioning it from a communication-centric model to one centered around computing capabilities. As satellite networks, AI infrastructure, and space applications converge at an accelerated pace, the global space economy is poised to embark on a fresh phase of expansion. Forecasts indicate that the global satellite industry will achieve a production value of $447 billion by 2027, maintaining a robust annual growth rate of 14%.