SpaceX just inked a deal worth up to $6.3 billion to supply computing power to Reflection AI, an open-source artificial intelligence startup founded by former DeepMind researchers. The arrangement will give Reflection access to Nvidia’s GB300 chips housed at SpaceX’s Colossus 2 data center, a facility originally built for xAI’s Grok chatbot.
The deal structure
The contract is structured around monthly payments of $150 million beginning July 1, 2026, and extending through 2029. The agreement includes a termination clause allowing either side to walk away with 90 days’ notice after the first three months, meaning both companies have committed to at least a quarter of payments before the escape hatch opens.
Reflection AI was founded in 2024 by Misha Laskin and Ioannis Antonoglou, both alumni of Google’s DeepMind lab. The startup focuses on building open-source AI models and automation tools for coding. The company has already raised approximately $800 million in early funding rounds, with Nvidia serving as a notable backer. That financial support has pushed Reflection AI’s valuation to as high as $25 billion.
SpaceX becomes an AI landlord
