— REMOVED — NASDAQ: SPCX is SpaceX's ticker symbol, but SpaceX is not publicly traded on NASDAQ Claim was disproven by web check and removed from the article. SpaceX completed its IPO on June 12, 2026 and now trades on NASDAQ under ticker symbol SPCX. The claim that SpaceX 'is not publicly traded on NASDAQ' is outdated and contradicted by current market data. (nasdaq.com, Yahoo Finance, CNBC, Investing.com)
? UNVERIFIABLE — 90 days' notice termination clause becomes effective at the beginning of 2027 Web search returned general information about standard 90-day termination clauses in various contracts, but found no specific information about a particular clause becoming effective at the beginning of 2027. The search results show general contract language examples but not the specific agreement being referenced. (N/A)
✓ VERIFIED — Musk's exact quote from X about Colossus and willingness to provide a 'reasonable off-ramp' Multiple sources confirm Musk posted on X: "We won't leave them hanging and will provide a reasonable off-ramp, but if compute gets super tight I said we might need it back at some point." This quote appears consistently across multiple news outlets reporting on his May 28, 2026 X posts about the SpaceX-Anthropic Colossus agreement. (Yahoo Finance, TheNextWeb, TechCrunch, Reuters/US News, WTAQ, The Standard)
Generally reliable sourcing from what appears to be a Motley Fool article with disclosed conflicts of interest. Main concern: NASDAQ ticker symbol for SpaceX appears to be an error since SpaceX is private. Deal values contain qualifier words ('over', 'potentially') that soften claims rather than stating precise figures.
business · lumee
SpaceX Lands Data Center Deals With Anthropic, Google, and Reflection
SpaceX has signed multi-year data center agreements with three major tech companies to provide compute capacity through 2029, generating recurring monthly revenue.
The short version
SpaceX signed data center deals with Anthropic ($1.25B/month from May 2024), Google ($920M/month from October 2024), and Reflection ($150M/month from July 2024), each running through mid-2029
Anthropic gains access to over 300 megawatts of compute capacity from SpaceX's Colossus and Colossus II data centers
All three deals include 90-day termination clauses, and SpaceX plans to deploy orbital AI compute satellites starting in 2028
SpaceX is raising capital at a $1.77 trillion valuation as it manages significant capital expenditures
$1.25 billion
Anthropic's monthly payment to SpaceX (May 2024–June 2029)
$920 million
Google's monthly payment to SpaceX (October 2024–June 2029)
$150 million
Reflection's monthly payment to SpaceX (July 2024–2029)
300+ megawatts
Compute capacity Anthropic can access
1 gigawatt
Combined compute power of Colossus and Colossus II data centers
What happened
SpaceX has signed multi-year data center agreements with Anthropic, Google, and Reflection to provide compute capacity through 2029. Anthropic began paying $1.25 billion monthly in May 2024, Google agreed to $920 million monthly starting in October 2024, and Reflection committed to $150 million monthly beginning in July 2024. Each agreement includes a 90-day termination clause.
Context
The deals come as SpaceX pursues significant capital raises and manages substantial operating losses while building out AI infrastructure. SpaceX generated $18.7 billion in revenue in 2025 but reported a $2.6 billion operating loss, with over $30 billion in capital expenditures across 2025 and early 2026. SpaceX is simultaneously developing plans to deploy orbital AI compute satellites starting in 2028, which could extend its data center capabilities beyond terrestrial infrastructure.
Both sides
Bull
SpaceX secures predictable recurring revenue streams from major AI companies while leveraging its infrastructure investments, and plans to expand capacity with orbital compute satellites by 2028.
Bear
All three deals allow 90-day termination, creating revenue uncertainty, and SpaceX's operating losses and massive capital spending raise questions about the sustainability of its current financial model.
In plain words
SpaceX made deals with three big tech companies to rent them computer power—kind of like renting out storage space, but for AI computers. The companies pay SpaceX millions every month for the next few years, and SpaceX is even planning to launch computers into orbit by 2028 to provide even more capacity.
What may happen
All agreements run full term through mid-2029
SpaceX retains all three revenue streams, accumulating billions in monthly payments while deploying orbital compute capacity. Infrastructure investments become revenue-generative assets, and the company moves closer to profitability.
scenario – not a prediction
One or more parties exercise 90-day termination clause
SpaceX loses contracted revenue, creating a shortfall in its capital allocation plans. The company must adjust expansion timelines or seek additional funding to maintain infrastructure build-out schedules.
scenario – not a prediction
Orbital AI compute satellites launch on schedule in 2028
SpaceX expands total capacity beyond the 1 gigawatt of terrestrial data centers, potentially attracting additional customers and creating new revenue opportunities for compute-intensive workloads.
scenario – not a prediction
⚠ Disputed / unconfirmed:
Anthropic's deal total value $40 billion — Source states 'valued at over $40 billion' - the 'over' qualifier means the exact figure is not precisely stated
Google deal total value $30 billion — Source states 'worth over $30 billion' - the 'over' qualifier means the exact figure is not precisely stated
Total potential value of three data center deals through 2029 is $76 billion — Source states deals are 'potentially worth over $76 billion' - the 'over' and 'potentially' qualifiers introduce uncertainty about the precise figure
Source: finance.yahoo.com · original
Generated 2026-06-28 10:32 · lumee