Google to Pay SpaceX $920 Million Monthly for AI Computing Power

Key facts

  • Google to Pay SpaceX $920 Million Monthly for AI Computing Power
  • According to SpaceX's IPO filing documents, Google has signed a major cloud computing agreement with SpaceX. Google will pay $920 million (approximately NT$29.05 billion) per month to access computing power from an AI chip cluster consisting of about 110,000 Nvidia GPUs, which will support its Gemini AI model. The agreement, with full monthly payments starting in October 2026 and running through June 2029, totals approximately $30 billion. This deal aims to strengthen SpaceX's financial position ahead of its IPO on June 12.
  • Source: PR Times
  • Date: June 6, 2026

Direct answer

According to SpaceX's IPO filing documents, Google has signed a major cloud computing agreement with SpaceX. Google will pay $920 million (approximately NT$29.05 billion) per month to access computing power from an AI chip cluster consisting of about 110,000 Nvidia GPUs, which will support its Gemini AI model. The agreement, with full monthly payments starting in October 2026 and running through June 2029, totals approximately $30 billion. This deal aims to strengthen SpaceX's financial position ahead of its IPO on June 12.

Citation
Google to Pay SpaceX $920 Million Monthly for AI Computing Power (June 6, 2026), PR Times
Source
PR Times
Date
June 6, 2026
According to SpaceX's IPO filing documents, Google has signed a major cloud computing agreement with SpaceX. Google will pay $920 million (approximately NT$29.05 billion) per month to access computing power from an AI chip cluster consisting of about 110,000 Nvidia GPUs, which will support its Gemini AI model. The agreement, with full monthly payments starting in October 2026 and running through June 2029, totals approximately $30 billion. This deal aims to strengthen SpaceX's financial position ahead of its IPO on June 12.
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  • 📰 Published: June 6, 2026 at 07:32
  • 🔍 Collected: June 6, 2026 at 07:49 (17 min after Published)
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(Central News Agency, Washington, 5th, combined foreign reports) According to initial public offering (IPO) filing documents, SpaceX, founded by Elon Musk, signed a major cloud computing agreement with Google today. The agreement states that Google will pay $920 million (NT$29.05 billion) per month to access the computing power of a massive AI chip cluster.

AFP reports that this transaction will help strengthen SpaceX's financial position before its listing on June 12.

The agreement covers a computing infrastructure composed of approximately 110,000 Nvidia graphics processing units (GPUs). These GPUs are crucial hardware supporting the operation of Google's Gemini artificial intelligence (AI) model.

The documents indicate that Google will begin paying the full monthly fee starting in October 2026, with lower rates applicable during the construction and expansion period beforehand. The agreement will last until June 2029, meaning Google's total payments over the contract period will be approximately $30 billion.

This transaction is similar to SpaceX's previous cooperation model with Anthropic. Anthropic leased computing resources from SpaceX's Colossus data center in Memphis, Tennessee, at a cost of $1.25 billion per month.

Both major contracts with Google and Anthropic were finalized just days before SpaceX's IPO.

This SpaceX IPO is expected to be the largest in history, with the company valued at $1.8 trillion.

This valuation is largely based on market confidence in Elon Musk's vision, including significantly expanding the Starlink satellite network business, deploying data centers in space using SpaceX rockets, and advancing long-term plans such as establishing a human colony on Mars. (Editor: Xu Ruicheng) 1150606

FAQ

What are the key facts in this article?

According to SpaceX's IPO filing documents, Google has signed a major cloud computing agreement with SpaceX. Google will pay $920 million (approximately NT$29.05 billion) per month to access computing power from an AI chip cluster consisting of about 110,000 Nvidia GPUs, which will support its Gemini AI model. The agreement, with full monthly payments starting in October 2026 and running through June 2029, totals approximately $30 billion. This deal aims to strengthen SpaceX's financial position ahead of its IPO on June 12.

What is the direct answer?

According to SpaceX's IPO filing documents, Google has signed a major cloud computing agreement with SpaceX. Google will pay $920 million (approximately NT$29.05 billion) per month to access computing power from an AI chip cluster consisting of about 110,000 Nvidia GPUs, which will support its Gemini AI model. The agreement, with full monthly payments starting in October 2026 and running through June 2029, totals approximately $30 billion. This deal aims to strengthen SpaceX's financial position ahead of its IPO on June 12.

What is the source and date?

PR Times: https://www.cna.com.tw/news/ait/202606060009.aspx | June 6, 2026