For all its talk of lunar colonies, missions to Mars, and data centers orbiting Earth, SpaceX’s real focus has been much more grounded. Elon Musk’s crown jewel has signed a new deal with Reflection, a company building open-source AI. It’s the latest indication that SpaceX, best known for its rockets and extraterrestrial ambitions, has, in fact, first and foremost become a data center lending company.
Reflection will reportedly pay SpaceX $150 million per month for access to the latter’s Colossus data center, a hulking facility extending over one million square feet in Memphis, Tennessee. The partnership is slated to begin next month and extend through 2029, generating well over $6 billion in revenue for SpaceX (assuming both companies see the agreement through to the end of its term). The deal arrives on the heels of similar deals SpaceX has landed with Anthropic and Google, two of the most powerful developers in the AI race, both of whom have likewise agreed to pay Musk’s company for access to its computing power. SpaceX also announced last week that it had acquired Cursor, a popular AI coding platform, which could give it an edge as it tries to attract users to Grok and away from Anthropic, OpenAI, and its other competitors in the AI industry.
