Jun 08, 2026 | Posted by Abdul-Rahman Oladimeji
Google has entered into an agreement with SpaceX to secure large-scale computing capacity. According to a regulatory filing submitted by SpaceX on June 5, Google will lease roughly 110,000 GPUs, CPUs, memory modules, and related infrastructure for approximately $920 million per month. The contract is scheduled to run from October 2026 through June 2029, with capacity gradually increasing through September at a discounted rate. Over the life of the agreement, the deal is expected to be worth about $30 billion.
According to the filing, if SpaceX fails to deliver the GPUs by the end of September, "then following a one-month grace period, Google may immediately terminate the agreement or accept the number of GPUs provided with a corresponding pro rata reduction in the monthly fees."
The deal can be terminated by either party after December 31, 2026, with 90 days' notice. Google said it signed the agreement to secure additional capacity for Gemini Enterprise, citing stronger-than-expected demand. The contract follows another major AI infrastructure deal disclosed by SpaceX in May 2026, when Anthropic agreed to lease $1.25 billion per month in compute capacity from xAI data centers for three years.
xAI's second data center, Colossus 2, came online in January. While Elon Musk said it launched with 1GW of capacity, reports based on satellite imagery suggested closer to 350MW was operational. It remains unclear how much capacity is reserved for Grok. Earlier this year, Musk merged SpaceX and xAI, creating a combined company that could be worth more than $1 trillion when it goes public.
