Google (GOOGL) Inks $30B Deal to Lease SpaceX Supercomputing Power Ahead of IPO

Alphabet Inc.’s Google (GOOGL) has agreed to lease supercomputing capacity from SpaceX in a deal valued at $30 billion, paying $920 million monthly through June 2029. The agreement comes just ahead of SpaceX’s highly anticipated initial public offering, scheduled for the week of June 8, 2026. The cloud computing pact grants Google access to massive data centers SpaceX acquired through its purchase of xAI in February 2026. The facilities are expected to bolster Google’s AI infrastructure amid intensifying competition in artificial intelligence.