Posted on 06/06/2026 3:33:16 AM PDT by SmokingJoe
SpaceX has just announced that they have entered into a $920 million per month agreement with Google to provide compute capacity, according to a new filing. "On June 5, 2026, we entered into a Cloud Service Agreement with Google with respect to access to compute capacity. The customer has agreed to pay us $920 million per month from October 2026 through June 2029, with capacity ramping up through September at a reduced fee. The compute capacity provided includes approximately 110,000 NVIDIA GPUs, CPUs, memory, and other related components. After December 31, 2026, the agreement may be terminated by either party upon 90 days' notice. The customer will retain ownership of, and intellectual property rights in, its content, Al models, and related data."
(Excerpt) Read more at x.com ...
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Nice work, if you can get it.
Dang! I coulda been a contenduh!.....................
I wouldn’t trust google.
Almost 10 years ago I made sure every browser on every computing device in my household did NOT use Google as a default search engine. The James Damore incident is what pushed me over the edge, their search engine had been going downhill for years, for me.
https://www.dhillonlaw.com/recapping-james-damore-case-google/
https://www.jamesdamore.com/articles/googles-ideological-echo-chamber
A lot of people have been saying “compute” lately. Like my handle, it’s not easy nor common to use.
I like Brave, but it won’t download on my Windows 7 PCs any more. It’s fine on my Win 10 PCs.
I used Dissenter by Gab for a long time, but it went away.
Safari and Brave for me. I barely use Windows any more, but do have Edge there for a few things.
Bkmk
That data contract in one year, or even one month, is higher than the GDP of many countries.
Leave it to Elon to figure out how to monetize AI capacity.
Grok:
Yes, Google (Alphabet) invested around $1 billion in SpaceX in 2015.
Google, together with Fidelity Investments, participated in a ~$1 billion funding round for SpaceX (sometimes reported as Google's portion being ~$900 million). This was at a roughly $10–12 billion valuation for SpaceX, giving the two investors a combined stake of around 10% (or slightly under) at the time.
Current Ownership Percentage
As of the most recent public disclosures (from a 2026 Alaska regulatory filing covering the end of 2025), Google/Alphabet holds approximately 6.11% of SpaceX.
This stake has been diluted over time due to subsequent funding rounds and other events (e.g., some reports mention further dilution to ~5% after a SpaceX-xAI merger).
Estimates vary slightly across sources (often in the 6–7.5% range depending on the exact date and assumptions), but the 6.11% figure comes from official filings.
This investment has been highly successful for Alphabet, with the stake now potentially worth tens to over $100 billion depending on SpaceX’s valuation (which has been estimated in the hundreds of billions to trillions in various reports). Note that SpaceX remains privately held, so exact ownership can shift with new rounds or events.
Try Firefox. It’s painful because it updates pretty much every time you open it - I shifted away from it as a primary browser when they went from scheduled updates to painfully frequent updates. A stupid decision on their part. But it seems to still update on Win7.
“SpaceX has launched in 7 years almost as many satellites as every government and private company in the world did since the 50s”
**************
A stellar (pun intended) accomplishment for sure, however they have benefitted from the investments and long learning curve over those many decades of slow advancements.
“”A lot of people have been saying “compute” lately.””
Right - and what does it really mean in the context of this story??
this compute capacity is before they put compute into space.
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