Google Signs $30 Billion Deal to Use SpaceX Computing Power for AI
Massive $30 billion deal highlights explosive growth in AI computing demand and strengthens SpaceX ahead of planned IPO
The Morning Brief Desk · June 6, 2026 · Based on reporting by CNBC Top News · Updated June 18, 2026
Google agreed to pay SpaceX $920 million monthly for 32 months to access computing capacity at xAI data centers. The deal totals nearly $30 billion. The deal comes as unexpected demand for Google's AI products strains the company's existing infrastructure.
The agreement strengthens SpaceX's position ahead of its planned initial public offering and shows the explosive growth in AI computing demand. Google described the arrangement as necessary to support its rapidly growing Gemini AI products. The 32-month commitment represents one of the largest cloud computing deals in corporate history.
Sources
CNBC Top News — Google to pay SpaceX $920 million a month for compute capacity at xAI data centers
Ahead of a planned IPO, SpaceX inked a deal to rent compute capacity to Google for $920 million per month for 32 months.
TechCrunch — Google will pay SpaceX $920M per month for compute
In a statement, a Google representative described the deal as a result of unexpected demand for its recently launched AI products.
Interesting Engineering — Google to pay SpaceX nearly $1B monthly as Gemini computing demand rapidly grows
Google is turning to SpaceX for a massive new supply of AI computing power as demand for its Gemini AI products surges.
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