But I agree with your general point. At 100°C, you can radiate about 1kW/m^2. That’s 1000m^2 of radiator per MW of datacenter, assuming you can operate with the radiator at 100°C. You can fudge this a bit with a heat pump (to run the radiator hotter, paying a linear-ish power penalty and gaining a fourth-power radiation benefit), but that’s expensive and that power isn’t free.
Here on Earth, you can cool by conduction or evaporation, which isn’t an option in space.