Google has reached an agreement to lease computing capacity from SpaceX’s data centers. The company will pay 920 million euros monthly for this usage, with the contract lasting 32 months.
The deal came just days before SpaceX’s planned IPO. This move became one of the most notable partnerships highlighted in the documents presented to SpaceX’s investors.
Five years ago, the situation was reversed. At that time, Google had agreed to provide computing resources to SpaceX to support internet service via Starlink satellites.
SpaceX’s Computing Power Has Grown
After acquiring xAI in February 2026, SpaceX began operating large data centers in the U.S. The company refers to this infrastructure as "Colossus," with a total computing capacity exceeding 2 GW.
It is reported that the combined valuation of SpaceX and xAI is approximately 1.25 trillion dollars. During the IPO process, the company explained to investors how it plans to utilize this computing infrastructure to generate revenue.
Google’s parent company Alphabet invested in SpaceX in 2015. At that time, SpaceX was valued at 12 billion dollars; today, the company aims to go public with a valuation exceeding 1.75 trillion dollars.
Details of the Agreement
The official statement noted that Google will use 110,000 Nvidia GPUs, processors, and memory components located in SpaceX data centers. The usage window will be between October 2026 and June 2029.
According to the agreement, if SpaceX fails to provide the committed GPU access by September 30, 2026, Google can immediately terminate the contract. If Google wishes, it can also choose to accept GPUs delivered after a one-month extension at a reduced fee.
Rising Demand for AI Capacity
With this move, Google aims to increase capacity on AI platforms and intermediaries, especially to meet demand from large companies.
It is also reported that SpaceX announced a similar infrastructure deal with Anthropic in May. This was the second major infrastructure agreement announced after the merger with xAI.
Meanwhile, Elon Musk’s Grok AI model is not yet profitable. However, Musk presents these types of agreements as important indicators regarding the return on investments in large-scale data centers.
Deepfake sexual content generated by Grok has created new global regulatory pressure on xAI. The company faces numerous lawsuits and state investigations due to non-consensual explicit content.
In the UK, data protection violations alone can result in fines of up to 4% of global annual turnover.