Google has signed a major compute infrastructure agreement with SpaceX, committing to pay approximately $920 million per month for access to AI computing resources, according to a regulatory filing released by the company.
Under the agreement, Google will gain access to around 110,000 NVIDIA GPUs, CPUs, memory systems, and related computing components from October 2026 through June 2029. The deal is designed to support growing demand for Google’s artificial intelligence products and services.
The arrangement follows a similar agreement announced earlier this year between SpaceX and Anthropic. In that deal, Anthropic agreed to pay $1.25 billion per month through 2029 for access to computing capacity at the Colossus 1 data center near Memphis, Tennessee, originally built by xAI for its AI operations. Compared to the Anthropic agreement, Google’s deal appears to provide access to roughly half as much computing power.
SpaceX did not disclose which data center will support Google’s workload. However, Elon Musk has previously indicated that the upcoming Colossus 2 facility could be reserved primarily for xAI’s future AI ambitions.
Unlike Anthropic, which had previously faced compute limitations, Google already ranks among the world’s largest owners of AI infrastructure. Nevertheless, a Google spokesperson said the company entered the agreement due to stronger-than-expected demand for its recently launched AI offerings.
“Google Cloud and SpaceX are long-time partners,” the company said in a statement. “This is a short-term, timely agreement to ensure we have bridge capacity to meet surging customer demand for our agent platform, Gemini Enterprise, which has been even higher than we expected.”
The agreement comes as Google’s parent company, Alphabet, continues to expand its AI investments. Alphabet has already committed more than $180 billion in capital expenditures this year and has indicated spending could rise significantly in 2027. To help fund those investments, the company recently announced an $80 billion equity offering.
The contract also includes termination provisions. Both Google and SpaceX may cancel the agreement with 90 days’ notice after December 31, 2026. Google’s access to the infrastructure is expected to ramp up gradually through September 2026 at a reduced fee.
According to the filing, if SpaceX fails to deliver the agreed computing capacity by September 30, 2026, Google may either terminate the agreement after a one-month grace period or accept a reduced amount of computing resources in exchange for lower monthly payments.
The announcement arrives just one week before SpaceX is expected to begin trading on the Nasdaq. Regulatory filings show the company is seeking to raise approximately $75 billion at a valuation of around $1.75 trillion, potentially making it the largest IPO in history.
Google has been a longtime investor in SpaceX, and its stake in the company is expected to be worth more than $100 billion following the public offering. Reports have also suggested the two companies are exploring plans to develop orbital data centers, a project that could become an important part of SpaceX’s long-term strategy after its IPO.
