Google has signed a major infrastructure deal with SpaceX, agreeing to pay $920 million every month to rent high-performance AI computing power.
The agreement is designed to support Google’s growing artificial intelligence demand, especially for its enterprise platform, Gemini Enterprise. It gives Google access to large-scale computing resources, including around 110,000 Nvidia GPUs along with CPUs, memory systems, and other core components needed to run advanced AI workloads.
The contract runs from October 2026 through June 2029 and is valued at roughly $30 billion in total. Google described the deal as a temporary solution to handle unexpected spikes in enterprise customer demand, ensuring it has enough computing power while expanding its own infrastructure.
To protect its operations, Google included strict performance conditions in the agreement. If SpaceX fails to deliver the required GPU capacity by September 30, 2026, Google has the right to cancel the deal or reduce payments based on the actual resources provided. A 90-day termination option is also available after December 31, 2026.
The deal reflects a broader shift in how AI computing power is being sourced. Instead of relying only on building internal data centers, major tech companies are now renting massive GPU clusters from external providers to meet the rapid growth of AI usage.
SpaceX, which recently merged with Elon Musk’s xAI unit, is increasingly monetizing its large-scale computing infrastructure. The combined company is now valued at around $1.25 trillion and is preparing for a major IPO that could value it at over $1.75 trillion.
This marks a reversal in the relationship between the two companies. In earlier years, Google provided cloud and networking support for SpaceX’s Starlink operations. Now, SpaceX is supplying computing power back to Google as demand for AI processing surges.
The deal also comes shortly after SpaceX signed a similar agreement with AI company Anthropic, though that arrangement reportedly involves even more computing capacity. Google’s deal covers roughly half of the compute resources used in that agreement.
While SpaceX has not disclosed the exact data center location, reports suggest the infrastructure is tied to its broader AI and data operations built in partnership with xAI. Some of its most advanced facilities are expected to be reserved for internal use, including future AI model development.
Google, meanwhile, continues to scale aggressively in the AI space, with its parent company Alphabet committing more than $180 billion in capital spending this year alone. The company is also raising additional funds through major equity sales to support its expansion.
The partnership highlights how valuable AI infrastructure has become, with companies now competing not just on software and models, but on access to raw computing power at massive scale.
