I think its simpler than that, its just stock price pumping. They can tell the plebs that they have the tech to put servers in space, and the plebs will eat it up and pump the stock.

You can still destroy the terrestrial base stations.

It's extremely difficult from a cooling perspective IIRC, way more than on earth. Like you have to vent into a near vacuum, which is one of the best insulators.

No laws and regulation in space.

But too bad, the customers aren't also in space!

Even if they could pull it off, the data transmission speed would be sooooo bad relative to what it would take to ingest insane amount of data and then regurgitate it back.

On the other hand, how easy is it to swap out a rack after a fault?

The only legitimate thing I can think of is that if we ever colonize the moon or mars, we are going to need compute and storage at the location. If we can launch equipment into orbit instead of waiting until it's needed then it'll give a headstart to test different solutions. If we can also figure out how to do that without having to build it or maintain it on the moon/mars, then that might result in less risk. But it's all conjecture and you don't know what you don't know unless you try.

If they're putting the date centres in space I am going to problem with them anymore.