SpaceX signs Google cloud deal worth 920 million monthly
SpaceX has entered a multi-year cloud services agreement with Google to provide computing capacity including 110,000 Nvidia GPUs. This deal follows a similar pact with Anthropic and strengthens the company's AI narrative as it prepares for an upcoming initial public offering.
SpaceX secured a multi-year cloud services agreement with ALPHABET INC-CL A on Friday that will generate $920 million monthly through 2029. This agreement, combined with a previous pact with Anthropic, brings the total value of the space venture's compute-access contracts to more than $70 billion in aggregate. These high-profile deals strengthen the company’s AI narrative as it targets a $75 billion capital raise in its upcoming initial public offering in the United States.
