Google has agreed to pay SpaceX $920 million per month for access to high‑end computing infrastructure that will support surging demand for its artificial intelligence products, according to a new regulatory filing and company statements released Friday.
SpaceX disclosed that the cloud services agreement with Google will run from October 2026 through June 2029, with capacity ramping up at a reduced fee before the full monthly charge takes effect.
The filing states that Google will pay the $920 million monthly fee in exchange for access to compute capacity hosted in SpaceX data centers, adding a major new revenue stream for the rocket company as it prepares for a planned initial public offering this month, according to CNBC.
Under the contract, Google will gain access to a cluster of about 110,000 Nvidia graphics processing units, along with central processors, memory, and other components tailored for large‑scale AI workloads.
These Nvidia chips are considered critical to training and running advanced generative AI models, which Google has been rolling out across products such as its Gemini assistant and cloud services.
SpaceX's filing says the compute capacity will be provided through its xAI‑focused data centers, expanding an AI infrastructure business that sits alongside its launch and satellite operations, the Times of India reported.
The agreement specifies that if SpaceX fails to deliver the guaranteed number of Nvidia GPUs by Sept. 30, Google may terminate the contract after a one‑month grace period or continue with fewer chips at adjusted terms.
After Dec. 31, 2026, either Google or SpaceX can end the deal with 90 days' notice, giving both companies flexibility as AI infrastructure needs evolve. SpaceX said Google will retain ownership and intellectual property rights to its content, AI models, and related data processed on the system, a standard clause for major cloud contracts.
A Google representative described the agreement as driven by unexpected demand for the company's newest AI products, which has increased pressure on its existing data center capacity.
The SpaceX deal follows other multibillion‑dollar compute arrangements Google has signed in recent weeks, underscoring how competition in generative AI is reshaping spending on chips, data centers, and specialized cloud infrastructure, as per the Wall Street Journal.
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