SpaceX has entered into a landmark $30 billion agreement with Google to provide AI computing power, marking a strategic shift as the company prepares for its highly anticipated IPO next week. The deal, announced on June 5-6, 2026, involves Google paying $920 million monthly through June 2029 for access to 110,000 NVIDIA GPUs and other computing resources at SpaceX's Starbase facility in Texas. This partnership positions SpaceX as a key infrastructure player in the AI sector while monetizing unused capacity ahead of its $1.77 trillion public listing. The agreement follows a similar $45 billion contract with Anthropic in May, demonstrating SpaceX's growing role in tech infrastructure. Reuters+2
The Google deal significantly bolsters SpaceX's financial position before its market debut, providing stable revenue streams through 2029. The company retains flexibility to allocate computing resources between external contracts and internal needs, showcasing a diversified business model beyond aerospace. This move comes as SpaceX finalizes IPO details expected to value the company at $1.77 trillion. Russia Today+2
SpaceX will supply computing power for Google's Gemini Enterprise AI platform, leveraging its Starbase Texas facilities. The agreement includes:
The Google contract represents:
The partnership signals: