Google has signed an agreement with SpaceX for access to approximately 110,000 NVIDIA graphics processors, along with CPUs, memory, and other infrastructure. From October 2026 to June 2029, the company will pay $920 million per month.
SpaceX announced the deal in a filing with the U.S. Securities and Exchange Commission (SEC). Access to the resources will ramp up at a reduced rate until September 2026.
If SpaceX fails to provide the agreed-upon volume of GPUs by September 30, 2026, after a one-month grace period, Google can either terminate the contract immediately or accept the actual delivered volume with a proportional reduction in monthly payments.
After December 31, 2026, either party may terminate the agreement by giving the other 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 capacity shortage due to higher-than-expected demand for its Gemini Enterprise platform. The company also noted that Google Cloud and SpaceX have been long-time partners.
Google's parent company, Alphabet, has already committed to investing over $180 billion in capital expenditures by 2026 and expects this figure to "significantly increase" in 2027. To support these expenses, Alphabet recently announced an $80 billion stock offering.
In May, SpaceX filed a public application for an IPO with the SEC.