On June 23 (local time), Masayoshi Son, founder and CEO of SoftBank Group, questioned Elon Musk's concept of SpaceX space-based data centers at the annual shareholders' meeting. He believes that the economic benefits of space-based data centers are limited, and the outcome of the AI race should be determined on Earth through large-scale expansion of ground computing power. Son pointed out that electricity expenses account for only about 7% of data center operating costs, while the costs of launching, maintaining, and communication delays for space projects far outweigh potential electricity savings. Therefore, SoftBank will focus on building data centers on Earth. Previously, Musk planned to deploy a network of AI data centers composed of satellites in space, utilizing solar energy for free power and natural cooling, and considered this the only path for long-term expansion. SpaceX has unveiled its first-designed 'AI1' spacecraft and signed a computing power agreement with Google worth $920 million per month. Son also praised Musk as a remarkable change agent and believes that the AI industry will enter a decisive phase in the coming years, with early movers gaining an advantage. The current period is a critical window for determining the computing power landscape and ecosystem dominance. The AI industry is still in its infancy, and major players still have enormous growth potential. SoftBank has invested approximately $65 billion in OpenAI and committed to investing hundreds of billions of dollars in building data centers and related infrastructure. Its telecommunications division is preparing to enter the U.S. market for next-generation cloud services and energy storage batteries for data centers.
