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SpaceX signs $920m monthly cloud deal with Google ahead of IPO
Key takeaways
- Space X, which is preparing for a stock market listing, has outlined the terms of the arrangement in a regulatory filing.
- As part of the deal, Space X will provide Google with approximately 110,000 Nvidia GPUs, CPUs, memory, and associated components to meet the latter’s compute requirements.
- Under the terms, payments will begin at a reduced rate during a ramp-up period through September, before reaching the full agreed monthly fee from October until June 2029.
Space X signs $920m monthly cloud deal with Google ahead of IPO Anwesha Pattanaik Mon, June 8, 2026 at 4:13 PM GMT+7 2 min read GOOG SPAX.PVT NVDA Elon Musk’s Space X has entered into a multi-year cloud services agreement with Google, valued at $920m per month starting from October 2026.
Space X, which is preparing for a stock market listing, has outlined the terms of the arrangement in a regulatory filing.
As part of the deal, Space X will provide Google with approximately 110,000 Nvidia GPUs, CPUs, memory, and associated components to meet the latter’s compute requirements.
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