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WSJ Tech News Briefing

TNB Tech Minute: SpaceX, Google in Talks to Launch Orbital Data Centers

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.31.7K Ratings

🗓️ 12 May 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: Tesla will invest $250 million into its German factory for EV battery cell production. And SAP unveils a unified AI platform for enterprise. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Access to affordable credit helps me pay my employees, but I don't really need it.

0:05.0

Infliction is killing me!

0:08.0

But who cares? Big retailers are making record profits!

0:12.0

That's why we support the Durban Marshall Credit Card Bill!

0:15.0

See? Banks and credit unions help small businesses make payroll.

0:18.0

This bill would cut the vital resources they need.

0:25.1

While increasing megastore profits, they deserve it. Don't they?

0:29.1

Tell Congress, stop the Durban Marshall money grab for corporate megastores.

0:31.2

Paid for it by the Electronic Payments Coalition.

0:38.8

Here's your afternoon T&B Tech Minute for Tuesday, May 12th. I'm Julie Chang for the Wall Street Journal.

0:45.2

We exclusively report that SpaceX and Google are in talks to launch data centers in orbit.

0:53.6

That's according to people familiar with the discussions. One of the people said Google is also exploring similar deals with other rocket companies. Orbital data centers are an

0:55.7

unproven technology that SpaceX CEO Elon Musk has said is the next frontier for the rocket

1:01.2

company. It has been central to the company's investor pitch ahead of its planned public listing

1:06.1

this summer, which is expected to be the largest IPO of all time. A deal between the two tech titans would give a boost to

1:13.6

SpaceX's business ahead of its listing. SpaceX didn't respond to a request for comment.

1:19.7

Tesla will invest $250 million into its German plant to increase battery cell production for electric vehicles.

1:27.1

The so-called gigafactory,

1:28.8

which opened in March 2022, makes hundreds of thousands of Model Y vehicles and millions of battery

1:34.6

cells. The investment looks to boost output in Europe as its sales in the region regains strength.

1:40.5

Data from the European Automobile Manufacturers Association showed that Tesla's sales in the continent

1:46.1

nearly doubled in March, following a slump that stretched more than a year.

...

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