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Google to Pay SpaceX $920M Monthly for AI Compute at Memphis Campus

SpaceX revealed a cloud service agreement with Google worth approximately $920 million per month, covering about 110,000 NVIDIA GPUs at its Memphis data centers. This deal adds to a separate $1.25 billion monthly agreement with Anthropic.

June 8, 2026
2 min read
Source: Blockspace
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Key Numbers

monthly payment
$920 million
gpu count
110,000
anthropic deal
$1.25 billion

SpaceX has disclosed a new cloud service agreement with Google (GOOGL, GOOG) valued at approximately $920 million per month, according to a video report from Blockspace. The agreement covers the use of about 110,000 NVIDIA (NVDA) GPUs at SpaceX's data centers in Memphis.

Deal Details

This agreement comes on top of a separate $1.25 billion monthly deal between Google and Anthropic, highlighting Google's massive investments in AI cloud computing infrastructure.

Context

NVIDIA's GPUs, particularly the H100 and subsequent models, are the backbone for training and running generative AI models. With surging demand, major tech companies like Google are securing enormous computing capacity.

What This Means for Investors

This agreement reinforces NVIDIA's position as a key chip supplier in the AI revolution and underscores Google's commitment to expanding its cloud infrastructure. Such deals could boost revenues for NVIDIA and SpaceX while enhancing Google's competitive edge in the cloud computing market.

Frequently Asked Questions

Approximately $920 million per month for using about 110,000 NVIDIA GPUs.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.