Overview
- SpaceX and Reflection agreed to a contract that starts July 1, 2026, calls for $150 million per month through 2029, and would total about $6.3 billion if carried to term.
- The deal gives Reflection immediate use of Nvidia GB300 chips housed at the Colossus 2 data center and includes a clause letting either party terminate with 90 days’ notice after the first three months.
- Reflection is an open‑source AI startup founded by former DeepMind researchers with Nvidia as a backer and reported ties to U.S. government programs, but it has not yet published a public frontier open‑weight model.
- Markets reacted negatively to the announcement with SpaceX shares falling, and the deal joins earlier Colossus arrangements with Anthropic and Google that have reshaped investor expectations about SpaceX’s post‑IPO revenue mix.
- The agreement underscores how access to high‑end GPUs has become strategic currency in the AI race, puts fresh pressure on limited GPU supply, and raises investor and disclosure questions about the true multiyear lock‑in of these contracts.