Elon Musk’s rocket company said Google would pay it $920 million a month, as it prepared for its initial public offering.

Alphabet Inc.’s Google has agreed to pay Elon Musk’s SpaceX $920 million a month for computing power as part of a cloud services deal that runs through mid-2029, its second such agreement with an AI competitor in a matter of weeks.

Google will pay SpaceX $920 million a month from October 2026 to June 2029 in a deal that includes the computing capacity of at least 110,000 Nvidia chips, according to a SpaceX securities filing on Friday.

SpaceX on Friday signed a blockbuster cloud computing agreement under which Google will pay the Elon Musk-founded rocket company $920 million per month for access to a massive cluster of AI chips, according to a disclosure in its initial public offering filing.

Google is turning to SpaceX for a massive new supply of AI computing power as demand for its Gemini platform continues to surge ahead of a fierce infrastructure race in Silicon Valley. A new regulatory filing shows Google agreed to pay SpaceX about $920 million per month for access to a huge cluster of NVIDIA AI chips through mid-2029.

Google (GOOG)(GOOGL) has agreed to pay SpaceX (SPCX) as much as $30B for cloud compute capacity in a three-year deal inked one week ahead of the Elon Musk-led company's IPO, according to a filing with the U.

Google has agreed to pay SpaceX $920 million a month over three years to use the company’s computing power, according to an agreement filed with the Securities and Exchange Commission. SpaceX owns the two Colossus supercomputer centers in Memphis with another on the way in Mississippi after the company merged with xAI

Google is set to use SpaceX AI's compute capacity from supercomputers in the Memphis area, just weeks after Elon Musk's company signed a deal with Anthropic. A recent Securities and Exchange Commission (SEC) filing for Space Exploration Technologies Corp.