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Google to pay SpaceX $920M a month for AI compute, per SpaceX SEC filing

Google will pay SpaceX 920 million dollars a month to rent AI compute, according to SpaceX's amended S-1 filed with the SEC on June 5 ahead of its planned Nasdaq IPO. The deal covers roughly 110,000 NVIDIA GPUs plus CPUs and memory, runs October 2026 through June 2029 — about 32 months and 32 billion dollars total — with a 90-day exit for either side after December 31, 2026. Google called it "bridge capacity" for surging Gemini Enterprise demand; SpaceX did not name the site, though the capacity sits in data centers it absorbed from xAI. Routing a direct AI rival's overflow through Elon Musk's hardware marks how acute compute scarcity has become.