Skip to main content
See every side of every news story
Published loading...Updated

SpaceX signs computing power deal with open-source AI startup Reflection worth up to $6.3 billion

Reflection AI gets immediate access to Nvidia GB300 chips as SpaceX turns Colossus into a revenue source and the contract could reach $6.3 billion.

  • On Monday, SpaceX signed a computing agreement with Reflection AI, granting the startup immediate access to Nvidia GB300s for $150 million monthly payments starting July 1, 2026, totaling about $6.3 billion through 2029.
  • Elon Musk's Project Colossus supercomputer, established August 22, 2024, in Memphis, Tennessee, serves as the backbone for SpaceX's strategy to sell graphics processing unit capacity, which Musk termed a "gigafactory of compute."
  • Last valued at $25 billion, Reflection aims to build American open-source models competing with OpenAI, Anthropic, and Google, while working with the Department of Energy and Pentagon on national security efforts.
  • Either party can terminate the agreement with 90 days' notice after three months, providing flexibility amid scarcity of advanced Nvidia chips that constrains companies training frontier models.
  • This deal expands SpaceX's data-center revenue following its IPO, adding to existing computing partnerships with Anthropic, Google, and Cursor as the company positions itself as a critical AI infrastructure provider.
Insights by Ground AI

7 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 80% of the sources lean Left
80% Left

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

CNBC broke the news in Englewood Cliffs, United States on Monday, June 22, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal