SpaceX ( SPCX) is in talks with the U.S. Department of Defense to sell computing power. The deal could be valued at billions of dollars and, if finalized, would become the latest major infrastructure deal for Elon Musk's rocket, satellite, and artificial intelligence conglomerate.
SpaceX has already secured several major contracts in the commercialization of computing power. In June this year, Google agreed to pay SpaceX $920 million per month to purchase computing capacity, a cloud services agreement that will run through mid-2029. In the same month, Anthropic also reached an agreement to pay SpaceX $1.25 billion per month to acquire computing power to support the operations of its Claude artificial intelligence software.
From these two contracts alone, SpaceX's monthly computing power revenue exceeds $2.17 billion.
Currently, SpaceX's computing power business relies on the data center footprint of its subsidiary, xAI. Although it lags behind competitors including OpenAI and Anthropic in programming capabilities, its strategic bet is placed on data center infrastructure construction. xAI has already built a data center in Memphis, Tennessee, and is currently expanding this footprint to Mississipi.
