Google to Pay €920M Monthly for 110,000-Slot SpaceX AI Compute Over 32 Months
Google will rent SpaceX’s ‘Colossus’ data center capacity for €920 million per month over a 32-month term running October 2026 through June 2029. The agreement secures access to 110,000 Nvidia GPUs and allows termination or reduced fees if SpaceX misses delivery commitments by September 30, 2026.
1. Deal Overview
Google has entered a 32-month compute service agreement with SpaceX, committing to €920 million per month for access to SpaceX’s Colossus data centers. The contract spans from October 2026 through June 2029 and includes strict delivery milestones tied to September 30, 2026.
2. Capacity Details
Under the deal, Google will utilize 110,000 Nvidia GPUs along with associated processors and memory components housed in SpaceX’s US data centers. If SpaceX fails to meet the GPU delivery by the September deadline, Google may terminate the agreement or accept a reduced GPU allocation at discounted rates after a one-month grace period.
3. Strategic Implications
The arrangement bolsters Google’s AI infrastructure as demand for large-scale compute grows among enterprise customers, positioning Google Cloud to compete more aggressively in the AI platform market. The deal is also expected to support SpaceX’s record-breaking IPO valuation by demonstrating significant third-party commitments to its compute assets.
