Not just that, you’re wasting so much compute due to the risk of bit flips. That the case for any hardware you currently have in space, you need some correction mechanism which generally mean computing the same thing multiple times just to ensure correctness. And the cooling story without an atmosphere is also another obvious pretty massive problem. And the risk of losing an entire payload if the rocket fails. Etc…

I see it exactly like Hyperloop, a cynical attempt at putting political pressure. Hyperloop was a known absurd concept that Musk released to block the development of public transport in the US. And that worked. For compute in space, it’s a way to be able to say to municipalities and states „if you don’t let us use the land how we want, with no oversight, no problem, we won’t negotiate with you and just go to space“