Google will pay SpaceX $920 million a month for AI compute as Musk turns a data centre built for Grok into a cash machine
TL;DR
Google will pay SpaceX $920 million per month for access to 110,000 Nvidia GPUs through mid-2029, the second massive compute deal SpaceX has signed ahead of its record $75 billion IPO. Google called it bridge capacity for surging Gemini Enterprise demand.
SpaceX has signed its second massive compute deal in a month, this time with Google. Under the terms disclosed in a regulatory filing on Friday, Google will pay SpaceX $920 million per month from October 2026 through June 2029 for access to approximately 110,000 Nvidia GPUs, CPUs, memory, and related components. At that rate, the contract is worth roughly $30 billion over its lifetime.
The deal lands one week before SpaceX’s stock is expected to begin trading on Nasdaq. The company is aiming to raise around $75 billion at a valuation of approximately $1.75 trillion, which would make it the largest IPO in history.
The second Colossus...
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