Google has agreed to pay SpaceX approximately $920 million per month for computing capacity, according to a regulatory filing submitted to the SEC on Friday. The agreement runs from October 2026 through June 2029, marking one of the largest AI infrastructure contracts disclosed by SpaceX ahead of its planned stock market debut.
Under the terms of the deal, Google will gain access to approximately 110,000 NVIDIA GPUs, CPUs, memory systems, and other related computing components. The capacity will increase gradually through September 2026 at a reduced cost before reaching the full monthly payment amount in October.
A Google representative told Business Insider that the agreement was necessary to meet unexpected demand for Gemini Enterprise, the company’s agentic AI platform that was recently launched. The compute resources are located at facilities operated by SpaceX, which absorbed Elon Musk’s artificial intelligence venture xAI in a February 2026 merger.
The filing includes provisions that allow Google to terminate the agreement or accept fewer GPUs at a reduced fee if SpaceX fails to deliver access to the NVIDIA chips by September 30, 2026. Starting in 2027, either party can cancel the deal with 90 days’ notice.
This arrangement follows a larger compute deal announced in late May, under which Anthropic agreed to pay SpaceX $1.25 billion per month through May 2029 for access to capacity at SpaceX’s Colossus data centers. The Google deal is expected to generate approximately $30 billion for SpaceX over its 32-month duration.
The announcement comes just days before SpaceX’s highly anticipated initial public offering, as the aerospace and artificial intelligence company continues to secure major infrastructure agreements to support growing demand for AI products globally.
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