A regulatory filing on Friday revealed that Google will pay SpaceX roughly nine hundred twenty million dollars a month, from October 2026 through June 2029, for access to approximately one hundred ten thousand NVIDIA GPUs along with CPUs, memory, and related components. The structure mirrors the deal SpaceX struck with Anthropic in late May, under which Anthropic agreed to pay about one and a quarter billion dollars a month through 2029 to rent the entire Colossus 1 data center near Memphis, Tennessee, the cluster that xAI originally built before it was folded into SpaceX. Google's commitment buys roughly half the compute Anthropic now controls at Colossus 1, and SpaceX did not specify which facility it would draw from; Elon Musk has previously said Colossus 2 would be reserved for xAI.
What makes the deal striking is who is buying. Anthropic was compute-starved before its agreement and raised its usage limits the same day it was announced. Google, by contrast, is by some estimates the single largest owner of AI compute on the planet, yet it still reached outside its own fleet. A Google representative framed it as a short-term bridge: capacity to absorb demand for its Gemini Enterprise agent platform that has run, in the company's words, even higher than expected. The economics around it are vast. Alphabet has already committed to more than one hundred eighty billion dollars in capital expenditure this year, expects that to rise significantly in 2027, and recently announced an eighty billion dollar equity sale to help fund it.
The agreement carries the same escape hatch as the Anthropic contract: either party can terminate with ninety days' notice after the end of 2026, access ramps up through September at a reduced fee, and if SpaceX fails to deliver the committed GPUs by September 30, 2026, Google can walk or accept fewer chips at lower cost. The timing is conspicuous. SpaceX announced the deal a week before its stock is expected to begin trading on the Nasdaq, where filings show it aims to raise around seventy five billion dollars at a valuation near one and three quarter trillion dollars, which would be the largest public offering in history. Google is a longtime SpaceX investor whose stake should be worth more than one hundred billion dollars after listing, and the two are reportedly exploring orbital data centers as a longer-term play. Stacked against the Anthropic agreement, the filing sketches an emerging pattern in which the company that controls the physical compute can extract billion-dollar monthly commitments from even the best-resourced model builders, and is monetizing that leverage on its way to the public markets.
- TechCrunch anchored on the SEC filing's mechanics: the $920M/month figure, the September GPU-delivery clause, and the one-week-to-IPO timing.
- The Information surfaced it as a briefing first, framing it alongside SpaceX's parallel $1.25B/month Anthropic deal as a compute-landlord pattern.