Google will pay SpaceX $920M per month for compute

The companies announced the deal on Friday, just one week ahead of SpaceX's historic IPO.
Google will pay SpaceX $920M per month for compute

Google will pay SpaceX $920M per month for compute SpaceX has secured a compute deal with Google, where Google will pay $920 million monthly from October 2026 to June 2029 for access to approximately 110,000 NVIDIA GPUs, CPUs, and other components. This agreement, similar to a prior one with Anthropic, aims to address Google’s unexpected demand for its AI products. The deal includes a cancellation clause and comes just a week before SpaceX’s anticipated record-breaking IPO.

  • SpaceX and Google have finalized a compute deal worth $920 million per month.
  • The agreement spans from October 2026 to June 2029 and involves access to approximately 110,000 NVIDIA GPUs, CPUs, and related components.
  • Google cited unexpected surging customer demand for its AI products, specifically Gemini Enterprise, as the reason for the deal.
  • The deal has a cancellation clause, allowing either party to terminate with 90 days’ notice after December 31, 2026.
  • This agreement is announced shortly before SpaceX’s expected historic IPO, aiming to raise around $75 billion.
  • Google is a long-time investor in SpaceX and is reportedly in talks for orbital data centers.
  • The deal is similar in length and scope to a recent agreement SpaceX made with Anthropic. Continue reading https://techcrunch.com/2026/06/05/google-will-pay-spacex-920m-per-month-for-compute/
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