Overview
- SpaceX disclosed on Friday, June 5 that Alphabet’s Google agreed to pay $920 million per month from October 2026 through June 2029 for access to roughly 110,000 NVIDIA GPUs and supporting hardware, with a reduced fee during a ramp through September.
- The filing ties full delivery to a September 30, 2026 deadline and says that after a one-month grace period Google may terminate the deal or accept fewer GPUs with a pro‑rata fee reduction; after December 31 either party may end the contract with 90 days' notice.
- Google describes the agreement as a short-term bridge to meet unexpectedly strong demand for its Gemini Enterprise agent platform and will retain ownership of its models, data, and related intellectual property used on SpaceX’s infrastructure.
- The Google pact follows Anthropic’s earlier multi‑month lease of Colossus 1 capacity for about 220,000+ GPUs at roughly $1.25 billion per month, and together the deals materially reshape SpaceX’s near-term contracted revenue profile ahead of the IPO.
- Key outstanding issues for investors include which specific data centers will host Google’s capacity, mixed GPU generations in the Colossus facilities that affect training versus inference, and operational risk that could prevent delivery on the Sept. 30 timeline.