{"id":593815,"date":"2026-02-16T10:37:03","date_gmt":"2026-02-16T10:37:03","guid":{"rendered":"https:\/\/www.europesays.com\/us\/593815\/"},"modified":"2026-02-16T10:37:03","modified_gmt":"2026-02-16T10:37:03","slug":"eric-schmidt-says-were-running-out-of-electricity-urges-space-data-centers-spacex-ceo-elon-musk-quips-if-only-there-were-a-company-amazon-com-nasdaqamzn-tesla-nasdaqtsla","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/593815\/","title":{"rendered":"Eric Schmidt Says ‘We’re Running Out Of Electricity,’ Urges Space Data Centers \u2014 SpaceX CEO Elon Musk Quips: ‘If Only There Were A Company’ – Amazon.com (NASDAQ:AMZN), Tesla (NASDAQ:TSLA)"},"content":{"rendered":"

Over the weekend, SpaceX<\/strong> CEO Elon Musk<\/strong> reacted to comments from former Google<\/strong> CEO Eric Schmidt<\/strong>, who warned the U.S. needs an additional 92 gigawatts of power to sustain artificial intelligence growth.<\/p>\n

AI Power Demand Surges As Grid Strains<\/strong><\/p>\n

Musk shared a video clip of Schmidt saying, U.S. is “running out of electricity.” He also noted that the average nuclear plant generates about 1.5 gigawatts.<\/p>\n

“If only there were a company that could do this,” Musk wrote on X <\/strong>while sharing the clip, referring to the emerging need for data centers in space.<\/p>\n

Schmidt’s warning highlights a mounting energy bottleneck as AI<\/a> systems require massive data centers, intensive cooling and round-the-clock power.<\/p>\n

Previously, venture capitalist Chamath Palihapitiya<\/strong> also cautioned that electricity rates could double within five years without structural changes.<\/p>\n

Google’s Space Data Center Moonshot<\/strong><\/p>\n

The concept aims to harness uninterrupted solar power in space and potentially reduce cooling constraints.<\/p>\n

Pichai described the effort as a “moonshot,” similar in ambition to Waymo, saying early test racks would evaluate reliability and thermal management in orbit.<\/p>\n

Earlier in November, Pichai said the initiative is feasible only because of Musk’s space venture SpaceX’s<\/strong> significant breakthroughs in launch technology<\/a>.<\/p>\n

Skepticism From AWS<\/strong><\/p>\n

Matt Garman<\/strong>, CEO of Amazon Web Services<\/strong>, has said that space-based data centers are “not economical” today.<\/p>\n

“If you think about the cost of getting a payload into space today, it’s massive,” he said, adding, “There are not enough rockets.”<\/p>\n

Price Action: <\/strong>Alphabet Class A shares are up 50.23% in the past six months, while Class C shares gained 49.80%. During the same time, Amazon shares declined 14.13%, according to Benzinga Pro.<\/p>\n

GOOG stock ranks highly<\/a> for Momentum and Quality in Benzinga’s Edge Stock Rankings<\/strong>, showing strong medium and long-term price trends, though short-term performance remains negative.<\/p>\n

Disclaimer:<\/strong>\u00a0This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.<\/p>\n

Photo Courtesy: Creative Salim on Shutterstock.com<\/p>\n","protected":false},"excerpt":{"rendered":"Over the weekend, SpaceX CEO Elon Musk reacted to comments from former Google CEO Eric Schmidt, who warned…\n","protected":false},"author":3,"featured_media":593816,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[24],"tags":[5010,54959,5009,5008,159,783,202715,161554,67,132,68],"class_list":["post-593815","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-category-news","tag-category-tech","tag-cms-wordpress","tag-pageisbzpro-bz","tag-science","tag-space","tag-symbol-amzn","tag-symbol-tsla","tag-united-states","tag-unitedstates","tag-us"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116079876209190177","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/593815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=593815"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/593815\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/593816"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=593815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=593815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=593815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}