Recent reports confirm Google and SpaceX are engaged in early-stage discussions around orbital data centers under Google's Project Suncatcher initiative, focusing on feasibility studies for solar-powered satellites equipped with Tensor Processing Units to support AI compute needs. These exploratory talks, detailed in mid-May coverage, have yet to produce any official agreement or binding partnership, with significant technical and regulatory hurdles—including high launch costs, inter-satellite connectivity, and hardware validation—expected to extend timelines well beyond June. Trader consensus favoring No at 79.5% reflects the gap between preliminary negotiations and a formal announcement, especially as comparable space infrastructure efforts have historically required years from initial discussions to signed deals. Upcoming catalysts include potential statements tied to SpaceX's IPO preparations or further project updates, though rapid closure remains improbable given the nascent stage of orbital computing.