88Z AI, 8 June — Google and SpaceX have reached a cloud computing partnership. From October 2026 to June 2029, Google will pay SpaceX $920 million monthly to lease computing power from approximately 110,000 Nvidia GPUs and CPUs for AI training and inference. The agreement aims to ease Google's compute supply constraints while creating a significant revenue stream for SpaceX's AI business, adding new narrative value to its IPO.
At a glance
- Google pays $920 million monthly to lease computing power from approximately 110,000 chips at SpaceX
- Partnership eases Google's compute constraints and adds narrative value to SpaceX's IPO
The update
Google and SpaceX have officially entered into a large-scale cloud computing partnership. Under the arrangement, from October 2026 to June 2029, Google will pay SpaceX $920 million (approximately 6.246 billion yuan) per month. These funds are primarily used to lease computing power provided by around 110,000 Nvidia GPUs and CPUs to support artificial intelligence model training and inference tasks. This collaboration holds strategic significance for both parties. For Google, it will effectively alleviate the current tightness in computing power supply. For SpaceX, it not only opens up an important revenue stream for its AI business but also adds new narrative elements and valuation leverage for its future initial public offering.
Sources & editorial note
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