Google will pay SpaceX $920M per month for compute
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Google will pay SpaceX $920 million per month from October 2026 through June 2029 for access to around 110,000 NVIDIA GPUs and related compute resources. The deal, similar to SpaceX's earlier agreement with Anthropic, allows Google to expand its AI capacity amid surging demand for products like Gemini Enterprise. Both companies can terminate the agreement with 90 days' notice after December 2026, and Google's access will ramp up by September 2026.
Google will pay SpaceX $920 million per month from October 2026 through June 2029 for access to roughly 110,000 NVIDIA GPUs and related computing components, according to a regulatory filing. Google framed the agreement as short-term "bridge capacity" to meet surging demand for its Gemini Enterprise platform, with both parties able to cancel after December 31, 2026, on 90 days' notice. The deal comes just a week before SpaceX's planned Nasdaq IPO, which aims to raise around $75 billion at a $1.75 trillion valuation, with Google a longtime investor whose stake could exceed $100 billion afterward.