SpaceX, Alphabet ink 30-billion usd loud deal for AI computing capacity

Elon Musk’s SpaceX said that Google’s parent company Alphabet has agreed to pay it $920 million a month for computing capacity under a cloud services contract that runs from October 2026 through June 2029.

The total monthly fee amounts to roughly $30 billion over the life of the agreement, according to an exchange filing in the US.

The contract gives Google access to 110,000 Nvidia graphics processing units as well as central processing units, memory



and related components, SpaceX said.

Based on the capacity of Nvidia’s H200 chips, the arrangement may account for over 100 megawatts of computing power equivalent to the capacity to energise 75,000 homes at any given moment.

If SpaceX fails to deliver access to Nvidia chips by September 30, Google can lawfully terminate the contract, with a one-month grace period, the filing showed. Either party also has the right to end the agreement with 90 days’ notice.