Nvidia GPUs are part of the computing capacity that Alphabet will rent from SpaceX.
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Alphabet and SpaceX Deliver Massive News to Stock Market Investors
Jun 9, 2026
Alphabet has agreed to rent computing capacity from SpaceX to power its AI capabilities, paying $920 per month for 110,000 Nvidia GPUs and related components from late 2026 through mid-2029. This deal highlights SpaceX's excess capacity and aims to offset losses ahead of its IPO, while Alphabet seeks an asset-light approach to meet its growing demand for computing power, diversifying from its own data center build-outs and managing its balance sheet concerns.
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Alphabet is renting computing capacity from SpaceX as an asset-light strategy to meet AI needs and manage its balance sheet, diversifying from its own data center build-outs.
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