Google has entered into an agreement with SpaceX for access to approximately 110,000 NVIDIA graphics processors, as well as CPU, memory, and other infrastructure. From October 2026 to June 2029, the company will pay $920 million per month.
SpaceX disclosed the deal in a document filed with the U.S. Securities and Exchange Commission (SEC). Until September 2026, access to the resources will be increased at a reduced rate.
If by September 30, 2026, SpaceX fails to provide the agreed volume of GPU, after a one-month grace period, Google can immediately terminate the contract or accept the actual volume delivered with a proportional reduction in monthly payments.
After December 31, 2026, either party can terminate the agreement by giving 90 days’ notice. Google retains ownership and intellectual rights to its content, AI models, and related data.
Google described the agreement as short-term, citing a temporary shortage of resources: demand for the Gemini Enterprise agent platform exceeded expectations. The company also noted that Google Cloud and SpaceX have been long-time partners.
Google’s parent company, Alphabet, has already committed over $180 billion in capital expenditures for 2026 and expects this figure to “significantly increase” in 2027. To support these expenses, Alphabet recently announced an $80 billion stock offering.
Back in May, SpaceX filed a public application with the SEC for an IPO.