Google Just Committed to Spending $920 Million a Month at SpaceX. Here's What That Means for This Week's IPO.
2026-06-10 06:05:00 ET
If there was any doubt that space-launch company SpaceX also owns and operates a serious artificial intelligence (AI) infrastructure business, Alphabet 's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google just wiped that concern away.
SpaceX recently announced that Google will rent AI computing capacity from it for the next three years, for $920 million per month. That's a $30 billion contract, if you're keeping score. That's also almost twice SpaceX's total 2025 top line of $18.7 billion, for perspective.
More than anything, though, this deal injects a last-minute detail into the discussion that some investors weren't expecting, changing the IPO's rhetoric from pessimistic to optimistic.
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