By Sertac Aktan
Publication Date: 2026-06-06 17:03:00
Google has made a deal with SpaceX to rent the company’s computing capacity. For this arrangement, Google will pay €920 million per month for 32 months.
The roles have been reversed with this development, as just five years ago, it was Google that agreed to supply computing resources to SpaceX to deliver internet service via its Starlink satellites.
However, since SpaceX acquired the artificial intelligence firm xAI back in February 2026, both of which are owned by Elon Musk, it now operates multiple massive data centres in the US, referred to as the ‘Colossus’, with a total computing capacity of over 2 GW, and ‘SpaceX/AI’ now has a combined estimated value of $1.25 trillion.
The deal came days before SpaceX’s planned IPO. The company also announced a similar arrangement with Anthropic in May.
Google’s parent company, Alphabet, invested in SpaceX in 2015, when the company was worth only $12 billion. Today, SpaceX is looking to go public at a valuation of over $1.75…
