Google agrees to pay SpaceX $920 million monthly for GPU compute capacity (techcrunch.com)

• Google to pay SpaceX $920M/month from Oct 2026 to June 2029 for ~110,000 NVIDIA GPUs.
• Deal similar to Anthropic's $1.25B/month for Colossus 1 data center capacity.
• Google cites unexpected demand for Gemini Enterprise; Alphabet commits >$180B capex in 2026.
• Cancellation clause: either party can terminate after Dec 31, 2026 with 90 days notice.
• SpaceX IPO expected next week: raising $75B at ~$1.75 trillion valuation.

"Google will pay SpaceX $920 million per month from October 2026 through June 2029 for access to approximately 110,000 NVIDIA GPUs and related hardware, according to an SEC filing. The deal mirrors a similar agreement between Anthropic and SpaceX. Google says the compute is a short-term bridge to meet surging demand for its Gemini Enterprise AI products. Alphabet has committed over $180 billion in capital expenditures for 2026. Both parties can terminate with 90 days notice after December 31, 2026. SpaceX is set to go public the following week."