Know what’s really happening at
Cowboy Space before you sign on.
- On the roadmap
- Space Infrastructure
- AI Infrastructure
Cowboy Space, founded in 2024 as Aetherflux by Robinhood co-founder Baiju Bhatt, is building rockets whose upper stages become solar-powered AI data centers in orbit. Its May 2026 rebrand and $275M Series B mark one of the fastest pivots from space solar power to space compute on record.
How we do it.
Most "AI market intel" is a summarized crawl of press releases. This Altis research is built from our knowledge graph of sector expert calls, synthesized with public sources.
Cowboy Space
- Series B, May 2026
- $275M
- Series B valuation
- $2B
- Total funding to date
- $365M
- Series A, April 2025
- $50M
- Founder's own initial capital
- $10M
- Founded (as Aetherflux)
- 2024
- Planned hires at new Seattle hub
- 40-60
Press reported
Altis Verified
What's in the report
Most "AI market intel" is a summarized crawl of press releases. This is what customers, competitors, and former employees actually told us.
Market Overview
Market structure, where the company sits, and growth drivers.
- market map
- Space Infrastructure landscape
- Space Infrastructure growth rate
- CAGR
Total Addressable Market
Bottom-up TAM / SAM / SOM.
- Cowboy Space TAM
- Space Infrastructure market size
- market opportunity
Company Overview
What the company does and how it operates.
- what does Cowboy Space do
- Cowboy Space product
- business model
Product / Go-to-Market
Product, GTM motion, ICP, and who buys.
- Cowboy Space customers
- who uses Cowboy Space
- Cowboy Space ICP
- go-to-market
Competitive Dynamics
The Altis Market Map and the Altis Win-Rate Index.
- Cowboy Space competitors
- Cowboy Space alternatives
- who competes with Cowboy Space
- Cowboy Space win rate
Customer Signals
Retention, satisfaction, and win/loss signals.
- Cowboy Space reviews
- Cowboy Space NRR
- Cowboy Space churn
- current customers
- switching costs
Investment Debates
Investment thesis, moat, bull/bear, and key risks.
- Cowboy Space investment thesis
- Cowboy Space moat
- bull case bear case
- Cowboy Space risk factors
Monetization & Financials
Business model, revenue model, and unit economics.
- Cowboy Space ARR
- Cowboy Space revenue
- Cowboy Space valuation
- unit economics
Team and culture
Founders, leadership, and org.
- Cowboy Space founders
- Cowboy Space CEO background
- leadership team
- headcount
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Based on public reporting and company disclosures as of July 2026.