>>wiley1+(OP)
Microsoft had/has the Natick project which was an undersea data center testbed which allegedly had a bunch of benefits. That doesn't seem to have gone anywhere - or at least isn't really scaling up. I'd imagine the ongoing operational costs of space are worse than the ocean?
To me, the cost estimates seem a bit off and conflate capital with running costs.
The main benefit for space at the moment seems to be sidestepping terrestrial regulations.