Insurers Examine Coverage for Orbital AI Data Centers Backed by SpaceX and Blue Origin

Space companies, including SpaceX, Blue Origin and startups such as Orbital, Starcloud, Lonestar Data Holdings and Cowboy Space, have begun talks with insurers about covering orbital artificial‑intelligence data centers. The proposed satellites would host AI hardware in space to bypass Earth’s power limits, a concept popularised by Elon Musk ahead of SpaceX’s recent public listing.

Insurers such as Marsh, Lloyd’s of London and major underwriters are assessing risks that already have coverage for launch failures, satellite malfunctions, debris and space weather, but lack data on the valuation and durability of AI chips in orbit. Global space‑insurance premiums total roughly $500 million annually. While the market is still early and premiums remain undefined, companies see insurance as essential to secure debt financing for scaling the technology. SpaceX has said its future constellation will be called “Starmind.” Both SpaceX and Blue Origin declined to comment on the insurance discussions.