Google pays – In a regulatory filing, SpaceX says Google will pay $920 million per month from October 2026 through June 2029 for access to about 110,000 NVIDIA GPUs, CPUs, memory, and related components—an agreement that mirrors SpaceX’s earlier compute deal with Anthropic.
On the same week SpaceX has paperwork tied to its upcoming Nasdaq debut, the company has lined up another massive compute contract—this time with Google.
In a regulatory filing on Friday, SpaceX announced that Google will pay it $920 million per month from October 2026 through June 2029 for access to “approximately 110,000 NVIDIA GPUs, CPUs, memory, and other related components.”
The deal lands with the same shape and scale as the compute arrangement SpaceX announced with Anthropic in late May. Under that earlier agreement. Anthropic agreed to pay SpaceX $1.25 billion per month through 2029 to rent all available compute from its Colossus 1 data center near Memphis. Tennessee—an installation that xAI. now part of SpaceX. originally built for its own artificial intelligence efforts.
Google’s contract appears to cover roughly half the compute capacity that Anthropic is buying at Colossus 1. SpaceX did not specify which data center Google would use. Elon Musk has previously suggested that SpaceX would reserve the Colossus 2 data center for xAI.
Anthropic’s ramp into the deal came after it had been significantly limited in compute capacity. On the same day the Anthropic agreement was announced, usage limits on that compute were raised. Google. by contrast. is already in a far different position—some estimates name it as the world’s largest single owner of AI compute.
In a statement. a Google representative said the arrangement was driven by unexpected demand for Google’s recently launched AI products. Google described it as a “short-term. timely agreement” meant to provide “bridge capacity” for “surging customer demand” for its agent platform. Gemini Enterprise. adding that demand had been “even higher than we expected.” Google also said. “Google Cloud and SpaceX are long-time partners.”.
The timing fits a broader spending push from Alphabet. The parent company has already committed to more than $180 billion in capital expenditures this year, and it said it expects a “significantly increase” in 2027. To help fund that, Alphabet recently announced an $80 billion equity sale.
Both agreements with Google and Anthropic include cancellation language. After December 31, 2026, both sides can terminate with 90 days notice.
Google’s access is also set to ramp up “through September at a reduced fee,” according to the filing. The contract adds a performance condition: if SpaceX fails to deliver access to the committed amount of GPUs by September 30. 2026. then after a one-month grace period. Google may either terminate immediately or accept the number of GPUs provided. with monthly fees reduced accordingly.
SpaceX announced the Google deal just one week before the company’s stock is expected to start trading on the Nasdaq exchange. The same paperwork filed with the Securities and Exchange Commission shows SpaceX is aiming to raise around $75 billion at a valuation of around $1.75 trillion—described in the filing as making it the largest in history.
Google’s relationship with SpaceX isn’t new. Google is a longtime investor in the company, and its stake is expected to be worth more than $100 billion after the IPO. The companies are also reportedly in talks to build orbital data centers, a major piece of SpaceX’s plans after the IPO.
SpaceX Google Cloud NVIDIA GPUs compute deal Gemini Enterprise Alphabet capital expenditures Colossus 1 Colossus 2 Nasdaq IPO AI infrastructure
So Google is just renting GPUs from SpaceX now? Wild.
920 million a month??? That’s like… my entire rent times a thousand. Also I don’t get why GPUs need a rocket company.
Wait, I thought SpaceX was for rockets, not computers. If it’s “bridge capacity” then why not just build more? Sounds like they’re paying for Elon’s AI hype again, like always.
This is probably just them hiding the fact that the whole AI chip shortage is fake. If Google already owns the most compute, why pay SpaceX 920M monthly unless something’s breaking at Colossus 1 or whatever. Also Nasdaq debut same week… coincidence? probably.