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aerospace / news / 2026-06-05 / Reuters

SpaceX has entered into a multi-year cloud service agreement with Alphabet's (GOOGL.O) Google will pay SpaceX $920 million per month from October this year to June 2029.

SpaceX has signed a multi-year cloud service deal with Google for compute capacity.

KEY POINTS

Google will pay SpaceX $920 million per month from October 2024 to June 2029.
The agreement includes gradual capacity ramp-up at a reduced fee through September 2024.
SpaceX's cloud offering to Google includes about 110,000 Nvidia GPUs, CPUs, and related components.

June 5 (Reuters) - SpaceX said on Friday it ‌has entered into a multi-year cloud service agreement with Alphabet's (GOOGL.O), opens new tab Google for access to ⁠compute capacity. As part of the deal, Google will pay SpaceX $920 million per month from October this year to June 2029, with capacity ramping ‌up ⁠through September at a reduced fee, Elon Musk's space venture said in ⁠a U.S. SEC filing. Sign up here. The compute capacity provided includes about ⁠110,000 Nvidia (NVDA.O), opens new tab GPUS, CPUS, memory and other ⁠related components. Reporting by Juby Babu in Mexico City; Editing by Shilpi Majumdar

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Future spacecraft could use a single propellant to perform both rapid movements and slow, highly controlled adjustments.

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Alphabet entered a cloud service agreement with SpaceX to pay $920 million per month for 200 megawatts of capacity from October 2026 through June 2029.