• Some users have recently had their accounts hijacked. It seems that the now defunct EVGA forums might have compromised your password there and seems many are using the same PW here. We would suggest you UPDATE YOUR PASSWORD and TURN ON 2FA for your account here to further secure it. None of the compromised accounts had 2FA turned on.
    Once you have enabled 2FA, your account will be updated soon to show a badge, letting other members know that you use 2FA to protect your account. This should be beneficial for everyone that uses FSFT.

Ahead of SpaceX IPO, SpaceX and Google announce $920 million/month GPU rental agreement

W

westrock2000

[H]F Junkie
Joined
Jun 3, 2005
Messages
9,599
SpaceX added an addendum last week to their IPO prospectus documents announcing an agreement they have entered into with Google to rent to Google the usage of 110,000 video cards at a staggering $920 million per month. If you haven't gotten your calculators out yet, that comes out to $8300 a month per card. The agreement provides multiple outs for Google though. Sounds like good PR on the the heels of the IPO this week, but doesn't require either side to lock in to a permanent commitment. But it also shows the outrageous monetary value that these Datacenters have attached to them.

On June 5, 2026, we entered into a Cloud Service Agreement with Google LLC ("Google") with respect to access to
compute capacity. The compute capacity provided includes approximately 110,000 NVIDIA GPUs, CPUs, memory,
and other related components. Pursuant to the agreement, the customer has agreed to pay us $920 million per month
from October 2026 through June 2029, with capacity ramping up through September at a reduced fee. If we fail to
deliver access to the committed amount of GPUs by September 30, 2026, then following a one-month grace period,
Google may immediately terminate the agreement or accept the number of GPUs provided, with a corresponding pro-rata
reduction in the monthly fees. After December 31, 2026, the agreement may be terminated by either party upon
90 days' notice. The customer will retain ownership of, and intellectual property rights in, its content, AI models,
and related data.
 
google + Anthropic if they keep renting for a whole year would do so at a 26 billions a year cost, that would fully pay colossus 1 and 2 construction in a single year.........

Imagine if they still are paying that in H2 2027.... for GPU we were told would be worthless after 2 years (while people try to secure access 3 years in advance)
 
So now the problem of building datacenter-getting power to those gpu is made up, google has not such problem, they are just pumping their SpaceX share by spending a lot of money ?

(90 days windows is not that special here, Anthropic achieved to get a 90 days one after the first 6 months, google in 2027... virutally the same), TPU can get better than Nvidia, Rubin can have issues, SpaceX own need can explode, what market pricing will look like in 2028 who knows..., flexibility make sense in that fast moving world.
 
Last edited:
LukeTbk said:
So now the problem of building datacenter-getting power to those gpu is made up, google has not such problem, they are just pumping their SpaceX share by spending a lot of money ?
Click to expand...
Pump and dump, perhaps? The whole AI thing seems like a tech bro circle at this point and the cracker is getting really freakin’ big…
 
Randall Stephens said:
Pump and dump, perhaps? The whole AI thing seems like a tech bro circle at this point and the cracker is getting really freakin’ big…
Click to expand...
I really doubt they will sales their shares, but if they do the fastest they could break the contract would be 90 days after 2027 start, they would still have paid 5.5-6 billions or something, financing what are competitors (SpaceX and Nvidia) in the process.

A lot is possible, but it can simply be becoming compute starve like everyone and SpaceX ability to be the only one doing that actual 1 gigawatt compound in colossus 2 filled with gpu that run give them quite the opporturnity to sell it at high price, that fact that it would not be that costly with the balance sheet of SpaceX anyway just making that an easier pill to swalow.
 
Randall Stephens said:
Pump and dump, perhaps? The whole AI thing seems like a tech bro circle at this point and the cracker is getting really freakin’ big…
Click to expand...
Yeah. Why isn't the gummiint investigating this? Where is the Securities and Exchanges Commission? Oh, I forgot that it is 2026.:eek::eek:
 
This seems highly illegal. It has to be illegal right? lol

This is like selling an apartment block and trying to bump the price by saying look look all my friends are renting units at 100x their value. So me charging you 50x more then the market value is totally a fantastic deal for you right? Do they have a lease, oh no no I trust em its a month to month handshake sort a thing.

There is no way Google is paying over 8k per month to rent any GPU. This is complete BS.
 
You must log in or register to reply here.
Back
Top