By Kate Conger
Publication Date: 2026-06-06 00:44:00
SpaceX revealed in a regulatory filing on Friday that Google will pay it $920 million a month for computing power, pumping billions of dollars into Elon Musk’s rocket company as it prepares for a blockbuster initial public offering.
The agreement, which starts in October and runs through June 2029, could earn SpaceX about $30 billion in total. It also helps establish SpaceX — which owns Mr. Musk’s artificial intelligence lab, xAI — as a major infrastructure provider as companies compete in a fierce global race to dominate A.I.
As part of the agreement, Google will gain access to about 110,000 A.I. chips from Nvidia, which Google said would help it meet larger-than-expected customer demand for its A.I. models. The tech giant said in April that its cloud business had contracts totaling $460 billion that had yet to be fulfilled as revenue, indicating enormous demand for its services.
“Google Cloud and SpaceX are longtime partners,” a Google Cloud spokesman said in a…
