As SpaceX’s (SPCX) June 12 initial public offering (IPO) approaches, the company has been securing some very lucrative AI compute deals, but the timing and terms of those deals are adding concern.
Last week, SpaceX said Alphabet’s (GOOGL) Google will pay $920 million per month to rent 110,000 Nvidia (NVDA) GPUs, CPUs, and memory, as well as related components, from October 2026 through June 2029, with computing capacity beginning to ramp in September 2026.
Pras Subramanian | Yahoo Finance