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Why Google May Have Handed SpaceX The Perfect IPO Catalyst

Benzinga·
Why Google May Have Handed SpaceX The Perfect IPO Catalyst

SpaceX disclosed a cloud services agreement with Google worth over $30 billion, providing Google access to approximately 110,000 NVIDIA GPUs and related computing infrastructure from October 2026 through June 2029 at $920 million per month. Analysts view this deal as beneficial for both companies—giving Google faster access to AI computing capacity for its Gemini models and cloud services, while providing SpaceX significant recurring revenue ahead of its planned IPO and positioning it as an AI infrastructure provider.

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