Home/Deal Room/Google rents SpaceX AI compute at $920M per month

Cloud capacity · Evidence brief

Google rents SpaceX AI compute at $920M per month

Google + SpaceX

Primary sourceSEC summary2026-06-05
Deal structureCloud service agreement / dedicated AI compute capacity
GeographySpaceX AI compute platform / COLOSSUS and COLOSSUS II infrastructure context
Infrastructure layersCloud capacity + chips / compute + data centers + AI platforms
Disclosed scale$920M per month from October 2026 through June 2029 for access to approximately 110,000 NVIDIA GPUs plus CPUs, memory and related components, with capacity ramping through September at a reduced fee

Why it matters

The strategic read

Adds Google to the small set of hyperscalers buying capacity from SpaceX/xAI rather than only building internally. The deal turns Colossus-era GPU capacity into a third-party cloud-service business line, showing even Google is willing to rent a six-figure NVIDIA GPU block when time-to-compute matters.

Source-supported terms

What was disclosed

  1. 01

    SpaceX filed a June 5, 2026 free-writing prospectus disclosing a Cloud Service Agreement with Google LLC.

  2. 02

    The compute capacity includes approximately 110,000 NVIDIA GPUs, CPUs, memory and other related components.

  3. 03

    Google agreed to pay SpaceX $920M per month from October 2026 through June 2029.

  4. 04

    Capacity ramps through September 2026 at a reduced fee.

  5. 05

    If SpaceX fails to deliver access to the committed GPU amount by September 30, 2026, Google may terminate after a one-month grace period or accept fewer GPUs with a pro rata fee reduction.

  6. 06

    After December 31, 2026, either party may terminate the agreement on 90 days notice.

  7. 07

    Google retains ownership and intellectual-property rights in its content, AI models and related data.

  8. 08

    TechCrunch reported the agreement as a new Google compute deal that is similar in length and scope to SpaceX's already-disclosed Anthropic Colossus compute agreements.

Disclosure boundary

What is known—and what is not

Primary SEC free-writing prospectus summary plus TechCrunch market reporting. Public details disclose parties, term, monthly fee, GPU count, ramp deadline, delivery-failure remedy, termination right and IP/data ownership. The full cloud-service agreement, exact data-center allocation, GPU generation mix, networking topology, SLA terms, power/cooling allocation, workload purpose, pricing offsets, security terms and capacity-by-phase schedule are not public.