Google and SpaceX sign $29.4B AI compute deal for GPUs

SpaceX disclosed on June 5, 2026 that it has signed a cloud services agreement under which Google will pay $920 million per month from October 2026 through June 2029 for access to roughly 110,000 Nvidia GPUs and related components. TechCrunch reports the deal, revealed in a free writing prospectus tied to SpaceX’s IPO, gives Google short‑term bridge capacity for its Gemini platform while SpaceX monetizes its Colossus data center build‑out.