SpaceX nets $920M/month from Google for 110k Nvidia chips — is the bubble bursting
spacex signed a $920 million per month deal with google to access 110,000 nvidia chips, signaling that even hyperscalers face hardware shortages.
spacex secured a $920 million per month contract with google, providing access to 110,000 nvidia chips to support google's gemini enterprise agent platform. the deal runs from october 2026 through june 2029, potentially generating $30 billion for spacex amid its upcoming $1.7 trillion ipo. this move confirms that top-tier ai compute capacity is the industry's primary bottleneck, forcing major players to lease infrastructure. spacex previously struck a similar deal with anthropic, positioning itself as a key infrastructure provider for its own xai division and competitors.