SpaceX has signed a multi-year cloud services agreement with Google, strengthening its position in the rapidly expanding AI infrastructure market just days before its anticipated U.S. stock market debut. The agreement follows a similar partnership with AI company Anthropic and further reinforces SpaceX’s growing role in providing large-scale computing resources for artificial intelligence applications.
Under the terms of the deal, Google will pay SpaceX $920 million per month from October 2026 through June 2029. The service capacity will gradually increase through September before reaching full operational levels. The agreement gives Google access to approximately 110,000 Nvidia GPUs, along with CPUs, memory, and related computing infrastructure required to support its expanding AI operations.
The pact provides SpaceX with another high-profile AI customer, enhancing its AI infrastructure credentials ahead of its planned IPO. The company has been increasingly positioning itself as a major provider of computing power as demand for AI training and deployment continues to surge across the technology industry.
The agreement includes performance conditions requiring SpaceX to deliver the agreed computing capacity by September 30, 2026. If those requirements are not met, Google will have the option to terminate the contract after a specified grace period or accept reduced capacity with adjusted payments. Both companies will also have the ability to end the agreement after December 2026 with advance notice.
The Google partnership comes shortly after SpaceX secured a major compute-capacity agreement with Anthropic, highlighting the increasing competition among AI companies to secure access to advanced computing resources. Together, these agreements significantly strengthen SpaceX’s revenue outlook and underscore the growing importance of AI infrastructure in the broader technology ecosystem.
With major AI firms seeking vast amounts of computing power, SpaceX is emerging as a key supplier in the AI infrastructure market, creating a new revenue stream beyond its traditional space-related businesses. The latest agreement reflects the industry’s urgent need for high-performance computing resources as organizations continue investing heavily in artificial intelligence development.
