SpaceX compute prices surge 50% in two weeks as Google signs $11B annual AI deal

SpaceX, the company best known for launching rockets and beaming internet from orbit, is now pulling in some of the largest AI infrastructure contracts on the planet. Google has agreed to pay $11 billion annually to lease roughly 110,000 Nvidia GPUs from SpaceX’s data centers, a deal starting October 2026 and running through June 2029 that could exceed $30 billion in total value.

Meanwhile, the cost of building out AI infrastructure has climbed more than 50% in just two weeks, jumping from approximately $50 billion to $75 billion per gigawatt.

The deals reshaping AI compute

Google’s arrangement with SpaceX works out to roughly $920 million per month.

Anthropic, the AI safety company behind the Claude model, has contracted SpaceX to lease AI compute capacity at $1.25 billion per month. That annualizes to $15 billion, making Anthropic’s deal even larger than Google’s on a yearly basis.