Google rents SpaceX computing power: $920 million/month

That Pays Off! Musk's SpaceX Receives Exorbitant Sums from Google

2026-06-08 Source: dpa | Translated by KI 1 min Reading Time

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Elon Musk's space company SpaceX will receive 920 million dollars from Google every month in the coming years. This is for rented computing power, as reported by dpa ...

Elon Musk's space company SpaceX can look forward to a second rental agreement for computing power for AI applications. The latest deal will start at the end of the year with none other than Google ...(Image: SpaceX) — Elon Musk's space company SpaceX can look forward to a second rental agreement for computing power for AI applications. The latest deal will start at the end of the year with none other than Google ...
(Image: SpaceX)

Google requires a significant amount of computing capacity for its services in the field of artificial intelligence. The agreement with SpaceX to meet this demand runs from October 2026 to the end of June 2029. Incidentally, in a similar deal, the AI specialist Anthropic also obtains computing power from SpaceX through a multi-year contract (for $1.25 billion per month). As is perhaps known, Musk integrated his own AI company x-AI into SpaceX. Several data centers were built for this at the time. Following the agreement with Anthropic announced a few weeks ago, billionaire Musk stated that one of the data centers would suffice for SpaceX's AI activities. x-AI and now SpaceX are developing the AI chatbot Grok, as well as Anthropic's Claude and Google's competitor software to OpenAI named Gemini. By renting urgently needed computing power to Anthropic and Google, Musk is simultaneously helping the companies compete with the rival OpenAI, against which Musk, as a former co-founder, has been in a feud for years.

SpaceX Plans to Go Public and Offset Previous Losses

AI infrastructure is quite expensive, as can be seen from the figures. Google has announced capital investments of up to $190 billion for this year alone, primarily dedicated to this area. And SpaceX plans to go public next week, targeting an overall valuation of $1.7 trillion and record revenues of $75 billion, as further reports suggest. However, SpaceX's business figures stand in stark contrast to the targeted stock market valuation. Investors are essentially expected to pay for the hope of future success. Last year, there was a loss of around $4.94 billion with a revenue of $18.67 billion. However, the leasing of the data centers alone will likely significantly improve these figures.

Sky computer! Elon Musk wants to declare war on the energy crisis in terms of computing power for artificial intelligence. To this end, he is now pooling the expertise of Spacex and XAI. At the same time, robotaxi competitor Waymo is building up a financially strong cushion for its expansion on earth ... (Image:Tesla)

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