Google has agreed to pay SpaceX about $920 million per month for large-scale computing capacity in a cloud services deal that runs through June 2029. The agreement is valued at roughly $30 billion over its full duration and is designed to help Google meet rising demand for AI workloads.
The contract gives Google access to infrastructure built around Nvidia GPUs along with CPUs, memory systems, and supporting hardware. The capacity will be used to support expanding AI services across Google Cloud, including its Gemini Enterprise platform.
Nvidia-based infrastructure at the center of the deal
According to the filing, SpaceX will provide access to around 110,000 Nvidia GPUs, representing more than 100 megawatts of computing capacity based on H200-class systems. This makes the agreement one of the largest AI compute supply deals disclosed to date.
Google said the arrangement is intended to help handle surging customer demand for AI services while the company continues expanding its own cloud infrastructure.
The deal highlights how access to GPU supply has become a central constraint in scaling AI systems, with companies securing capacity years in advance.
Strict conditions and termination rights included
The agreement includes standard flexibility clauses allowing either party to terminate the contract with 90 days’ notice.
Google also has the right to exit the deal if SpaceX fails to provide required Nvidia chip access by September 30, following a short grace period outlined in the filing.
These conditions reflect the operational risks tied to securing large-scale AI infrastructure at a time of tight global GPU supply.
Alphabet recently reported that Google Cloud’s backlog has grown to more than $460 billion, nearly doubling from the previous quarter, underscoring the pressure on available capacity.
SpaceX has been expanding its role in AI infrastructure, including compute-related agreements with other companies and investments in large-scale data center systems in the United States.
Despite competition in parts of the AI ecosystem, Google and SpaceX maintain financial and infrastructure ties, including Alphabet’s ownership stake in SpaceX. The deal reflects a broader industry pattern where rivals collaborate to secure compute supply while continuing to compete in AI platforms and services.
