SpaceX has signed a new computing deal, this time with Google, ahead of its historic IPO. The company announced the acquisition in a regulatory filing on Friday.
Under the terms of the deal, Google will pay SpaceX $920 million per month from October 2026 to June 2029 for access to “approximately 110,000 NVIDIA GPUs, CPUs, memory, and other related components.”
The deal is similar in length and scope to the one SpaceX announced with Anthropic in late May. Anthropic has agreed to pay SpaceX $1.25 billion a month through 2029 to rent computing from its Colossus 1 data center near Memphis, Tennessee, which xAI (now part of SpaceX) originally built for its artificial intelligence efforts.
However, Google appears to be paying for roughly half of the amount of computing that Anthropic has access to. SpaceX has not said specifically which data centers Google will use. CEO Elon Musk previously indicated that the company would reserve its Colossus 2 data center for xAI.
Also, like Anthropic, our contract with Google includes a cancellation clause. SpaceX and Google both have the option to terminate the agreement after December 31, 2026, with 90 days’ notice.
SpaceX announced the deal just a week before its stock is scheduled to begin trading on the Nasdaq exchange. The company is seeking to raise about $75 billion at a valuation of about $1.75 trillion, its largest raise in history, according to documents filed with the Securities and Exchange Commission.
Google has been a long-time investor in SpaceX. Musk’s company’s stock is expected to be worth more than $100 billion after the IPO. The companies are also reportedly in talks to build an orbital data center, a key element of SpaceX’s future plans post-IPO.
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