Google to Pay SpaceX Nearly $1 Billion Monthly for Cloud Capacity
- On Friday, SpaceX announced a multi-year cloud services agreement with Google, securing $920 million monthly for access to approximately 110,000 Nvidia GPUs through June 2029.
- The agreement mirrors a deal SpaceX finalized last month with Anthropic; SpaceX previously merged with Elon Musk's xAI in a transaction valuing the combined entity at $1.25 trillion.
- If SpaceX fails to "deliver access to the committed amount of GPUs by September 30, 2026," Google may terminate the contract or accept reduced fees; both retain 90 days' cancellation rights after December 31, 2026.
- Ahead of its IPO next week, SpaceX is valued at around $1.75 trillion, aiming to raise around $75 billion while Google's stake is expected to be worth more than $100 billion post-offering.
- The companies are reportedly discussing 'Project Suncatcher' to develop orbital data centers, a significant component of SpaceX's future operational strategy beyond traditional cloud services.
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The new military-AI-compute complex is taking shape
The announcement that Google has reportedly signed a multibillion-dollar compute agreement with SpaceX is more than another corporate deal. If the reported figures are accurate, the arrangement represents one of the largest infrastructure commitments in the history of artificial intelligence. Combined with Anthropic’s similarly massive reported agreement with SpaceX, the deals reveal a profound transformation in the technology industry: AI compa…
Google has concluded an agreement with SpaceX to guarantee the processing power needed for its artificial intelligence (AI). This millionaire partnership seeks to strengthen the capabilities of Gemini Enterprise through the...
In the US, the space company SpaceX of Elon Musk and the Internet company Google have signed a billion-dollar contract.
SpaceX has $30B deal to provide Google with AI computing power
SAN FRANCISCO — SpaceX revealed in a regulatory filing Friday that Google will pay it $920 million a month for computing power, pumping billions of dollars into Elon Musk’s rocket company as it prepares for a blockbuster initial public offering.
Google rents SpaceX/AI supercomputers for $920M a month
Google has signed a $30 billion deal to lease computing power from SpaceX, paying $920 million per month through June 2029. The move came after SpaceX acquired xAI in February 2026, gaining massive data centres. The deal precedes SpaceX’s highly anticipated IPO next week.
SpaceX becomes a computing power provider for Google. A mega-contract signed this Friday, June 5 between the two US giants. Google will pay $920 million a month to rent ultra-powerful electronic chips owned by Elon Musk's company.
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