Google to buy computing from Spacex at $920 million per month; filing shows 90 days notice period

Key points

• SpaceX What Spacex SEC filing says on Google deal Google on compute deal with Elon Musk's Spacex Google has agreed to pay Elon Musk's Spacex $920 million a month for computing power as part of a cloud-services deal.
• According to a Securities Exchange Commission (SEC) filing by Spacex, the deal runs through mid-2029. As per the agreement, Google will pay Spacex the monthly fee from October through June 2029, with capacity ramping up through September at a reduced cost.
• In case Spacex fails to deliver the access to the 'guaranteed' Nvidia chips as part of the deal by September 30, Google has the right to terminate the contract, with a one-month grace period.
• SpaceX has announced the deal just days before the company’s stock is expected to start trading on the Nasdaq exchange.As per the SEC filing, the Google-Spacex compute deal covers “approximately 110,000 NVIDIA GPUs, CPUs, memory, and other...