Google (GOOGL) and SpaceX reportedly in talks to launch data centers in orbit, WSJ reports citing sources

The reports of Google and SpaceX in talks for launching data centers in orbit signal a strategic move towards enhancing cloud infrastructure and data processing capabilities.

Newsquawk StaffPublished 12 May 2026, 16:22 UTCOn the live feed at 16:02 UTC — 3 more headlines followed before this page went public

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16:18

A source familiar with the course of negotiations between Iran and the United States confirmed that the top directives for the Iranian negotiating team included the condition of achieving five points before starting negotiations on the nuclear file:

16:03

EIA STEO: 2026 world oil demand 104.2mln bpd (prev. 104.6mln bpd), 2027 world oil demand 105.6mln bpd (prev. 106.2mln bpd)

16:02

Google (GOOGL) and SpaceX reportedly in talks to launch data centers in orbit, WSJ reports citing sources

16:00

Newsquawk Daily US Earnings Estimates - 13th May 2026: CSCO, BABA

15:54

Ukraine President Zelensky says Ukraine struck gas facilities in Russia's Orenburg region, more than 1,500km from Ukraine

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Google is also in discussions about a potential deal with other Rocket-launch companies as well.

Context

This initiative could be seen as a significant advancement in the tech sector, particularly in the realm of data storage and processing efficiency, potentially opening new revenue streams and enhancing competitive positioning. Given Google's focus on high-growth areas, this deal could also imply increased investment in space-related technologies and services.

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