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Google Signs $920M/Month SpaceX AI Compute Deal for 110K GPUs

Google will pay SpaceX $920 million per month under a conditional cloud deal for AI compute covering roughly 110,000 NVIDIA GPUs from October 2026 to June 2029. SpaceX must deliver the committed capacity by September 30, 2026, or Google can terminate or accept reduced hardware for a lower fee. Google frames the purchase as short-term bridge capacity for surging Gemini Enterprise demand while its own infrastructure scales, and the contract bolsters SpaceX's recurring revenue story ahead of a potential IPO.

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