Yesterday, SpaceX announced via a regulatory filing that it has entered into a compute deal with Google.
SpaceX enters into a Cloud Service Agreement with Google
SpaceX has entered into a Cloud Service Agreement with Google LLC to provide compute capacity. Google will pay SpaceX $920 million per month from October 2026 through June 2029, with capacity ramping up through September at a reduced fee.
The compute capacity provided includes approximately 110,000 NVIDIA GPUs, CPUs, memory, and other related components. SpaceX has also specified that if they fail to deliver access to the committed amount of GPUs by September 30, 2026, then, following a one-month grace period, Google may immediately terminate the agreement or accept the number of GPUs provided, with a corresponding pro rata reduction in the monthly fees.
Also, after 31st December, 2026, the agreement between the two companies may be terminated by either party upon 90 days’ notice. And Google will retain ownership of, and intellectual property rights in, its content, AI models, and related data.
This latest deal with Google positions SpaceX as a significant AI infrastructure provider ahead of its IPO.
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