Google to Pay SpaceX $920 Million Monthly for Cloud Compute Access
Google will contract SpaceX for cloud compute services at $920 million per month, a deal projected to generate more than $30 billion over three years.
Google has agreed to pay SpaceX $920 million each month for access to the aerospace firm’s compute capacity, including roughly 110,000 Nvidia GPUs. The agreement, which runs from October 2026 through June 2029, could bring the total value to over $30 billion if fully executed.
A Google spokesperson told The New York Times the arrangement is a short‑term measure to secure “bridge capacity” for rising demand on its Gemini Enterprise AI platform, which has exceeded expectations. The company retains the right to end the contract if SpaceX does not deliver the agreed GPU volume by September 30, 2026, after a one‑month grace period, and either party may terminate with 90 days’ notice after December 31.
SpaceX, which recently merged its AI unit xAI with the chatbot developer Anthropic, has been expanding its AI infrastructure, including the Colossus 1 data center in Memphis, Tennessee, designed to eventually host up to one million GPUs. The firm also plans to deploy floating data centers in orbit. According to a forthcoming prospectus, SpaceX spent nearly $7.7 billion on AI‑related costs in the first quarter of its 2026 fiscal year.
