The post discusses a hypothetical valuation for SpaceX (SPCX) at $2.2 trillion, implying its orbital data center segment could be worth $1.1 trillion if it represents 50% of future EBITDA. In comparison, terrestrial data center and BTC mining firms CIFR, WULF, and IREN are noted to trade at premiums with valuations of ~$10B, ~$12.5B, and ~$20B respectively. While SPCX targets a speculative 100GW+ orbital scale, the valuations of CIFR, WULF, and IREN are said to reflect meaningful upside based on their nearer-term execution and power site contracts.