Google will pay SpaceX $920 million a month to use xAI's data centers

Google has agreed to pay SpaceX $920 million per month starting October 2026 through June 2029 for access to xAI's data centers, according to a SpaceX SEC filing. The deal, valued at $30 billion, grants Google 110,000 NVIDIA GPUs and other computing resources to meet surging demand for its Gemini Enterprise AI subscription. SpaceX also has a separate $1.25 billion monthly contract with Anthropic for xAI computing power, ahead of its planned June 12 IPO.

Google will pay SpaceX $920 million a month to use xAI's data centers The company needs extra computing power for Gemini Enterprise. Google has just signed a $30 billion AI deal https://www.cnbc.com/2026/06/05/google-to-pay-spacex-920-million-a-month-for-xai-compute-capacity.html with SpaceX, which owns Elon Musk's xAI https://www.engadget.com/ai/elon-musks-spacex-has-acquired-his-ai-company-xai-221617040.html . According to a SpaceX filing https://www.sec.gov/Archives/edgar/data/1181412/000162828026041150/spacexagreementfwp.htm with the Securities and Exchange Commission, it will receive $920 million a month from Google in exchange for computing power from xAI's data centers, starting in October this year until June 2029. The agreement will give Google access to 110,000 NVIDIA GPUs, as well as CPUs and memory. SpaceX wrote that if it fails to deliver access to that number of GPUS by September this year, Google could either terminate their deal immediately or accept the number of GPUs provided at a reduced payment rate after a one-month grace period. Since Google has its own global network of data centers and continues to build more https://www.engadget.com/2186418/google-pledges-to-replenish-water-data-centers-by-2030/ , you may be wondering why it has to pay SpaceX for more computing power. Well, a Google Cloud spokesperson told CNBC and that this is but "a short-term, timely agreement" to ensure that the company has "bridge capacity to meeting the surging demand" for Gemini Enterprise, its AI subscription for large businesses. The New York Times https://www.nytimes.com/2026/06/05/technology/spacex-google-deal.html Google isn't its only competitor in the AI space that SpaceX is selling computing power to. The Musk-owned company also has a contract with Anthropic https://www.engadget.com/2166315/anthropic-is-doubling-claude-code-rate-limits-after-deal-with-spacex/ , giving the latter access to xAI's Colossus 1 data center. According to the documents SpaceX filed for its Initial Public Offering, Anthropic will pay it $1.25 billion https://www.engadget.com/2178212/the-spacex-ipo-plans-are-now-public/ a month through May 2029. SpaceX is expected to go public on June 12 and to raise enough money to make it the biggest IPO in history https://www.engadget.com/big-tech/spacex-has-reportedly-filed-for-the-biggest-ipo-in-history-154547537.html .