SpaceX Signs $920 Million-a-Month Cloud Deal With Google

SpaceX said it has entered into a cloud service agreement with Alphabet’s Google for access to compute capacity. According to the reports, the deal is worth $920 million per month for 32 months.

The agreement gives SpaceX another major customer for its AI-related computing business and adds a new source of revenue ahead of the company’s planned IPO. SpaceX previously announced a similar arrangement with Anthropic in May.

The deal highlights the growing demand for large-scale computing power, especially for AI-related work. For investors, it is another sign that SpaceX is building out its business beyond rockets and satellites as it prepares for a public listing.

SpaceX agreed to provide Google access to compute capacity under a cloud service deal.

The reports say the agreement is worth $920 million per month for 32 months.

It gives SpaceX a new revenue stream and adds another major customer before its planned IPO.

Yes. The reports say SpaceX announced a similar arrangement with Anthropic in May.

TechCrunch

SpaceX has lined up another compute deal ahead of its historic IPO, this time with Google. The company announced the deal in a regulatory filing on Friday

Reuters

SpaceX said on ‌Friday it has entered ⁠into a cloud service agreement with Alphabet's Google ‌for ⁠access to compute capacity.

CNBC

Ahead of a planned IPO, SpaceX has inked a deal to rent compute capacity to Google at $920 million per month for 32 months. SpaceX announced a similar arrangement with Anthropic in May.

Barrons

Musk's rocket company just secured another marquee customer in need of AI computing power.

WSJ

The agreement gives SpaceX a new stream of revenue for its AI business ahead of its IPO.

Seeking Alpha

Alphabet Inc. shares can be a viable indirect way to gain exposure to SpaceX shares. Unprecedented retail investor access and anticipation around the SPCX IPO raise the likelihood of extreme post-IPO price volatility. By guaranteeing pre-IPO ownership, GOOG shares shield investors from such volatili...

Business Insider

SpaceX secured a $920M monthly deal with Google for compute power. SpaceX's S-1 recently revealed Anthropic was paying it $1.25 billion a month for compute.

NYTimes

Elon Musk's rocket company said Google would pay it $920 million a month, as it prepared for its initial public offering.

PYMNTS

Google will pay SpaceX $920 million per month for compute capacity, SpaceX said in a Friday (June 5) filing with the Securities and Exchange Commission. Under an agreement the companies signed Friday, Google will pay that amount monthly from October through June 2029.

Seeking Alpha

Alphabet is raising $80B in equity to address infrastructure bottlenecks amid unprecedented AI-driven demand, despite investor dilution concerns. Its Search business remains robust, funding aggressive AI investments, with Q1 Search revenue up 19% to $60.4B and query volumes at all-time highs. Cloud...

The Motley Fool

Alphabet offers investors exposure to AI, robotaxis, and SpaceX through one profitable megacap stock. Waymo's growing ride volume and city expansion make the company one of the stronger public-market robotaxi plays.

The Motley Fool

Google and Anthropic are expected to soon start paying SpaceX nearly $2.2 billion per month in total for artificial intelligence-related compute capacity at SpaceX's data centers. These deals demonstrate how quickly SpaceX's AI unit can ramp revenue.

Business Insider

The coastal neighborhoods around SpaceX's sprawling Hawthorne hub are bracing for an influx of millionaires. SpaceX's Hawthorne manufacturing hub employed 7,661 workers last year.

Benzinga

Space Exploration Technologies Corp. (SpaceX) has disclosed a cloud services agreement with Alphabet Inc.'s (NASDAQ:GOOGL) Google worth more than $30 billion on Friday, a deal that an analyst says could strengthen the company's investment case ahead of its planned initial public offering.

The Motley Fool

SpaceX is known for launching rockets, but it has goals to put data centers in space, making it a unique AI stock, too. SpaceX's IPO is a blockbuster event that has placed an eye-watering valuation on the stock.

Investors Business Daily

Some unusual or even unprecedented circumstances could magnify the usual volatility and risks that come with IPOs.

Seeking Alpha

Alphabet is rated a buy, driven by aggressive AI infrastructure investment and robust financials despite a historic $85B equity raise. Q1 FY26 delivered 22% YoY revenue growth, 81% net income growth, and exceptional Cloud segment performance with 63% revenue and margin expansion. CapEx is set to sur...

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