Morningstar

Elon Musk Announces Google AI Infrastructure Deal Days Ahead of SpaceX IPO

SpaceX has secured a significant infrastructure agreement with Google, valued at $920 million per month, for AI computing capacity utilizing Nvidia GPUs in SpaceX data centers. This deal, along with a previous agreement with Anthropic for a Memphis, Tennessee data center, comes ahead of SpaceX's planned IPO. Google stated this capacity is needed to meet surging customer demand for its Gemini Enterprise platform.