Google to buy computing from Spacex at $920 million per month; filing shows 90 days notice period and says: Agreement may be terminated by …

Google has agreed to pay Elon Musk’s Spacex $920 million a month for computing power as part of a cloud-services deal. According to a Securities Exchange Commission (SEC) filing by Spacex, the deal runs through mid-2029. As per the agreement, Google will pay Spacex the monthly fee from October through June 2029, with capacity ramping up through September at a reduced cost. In case Spacex fails to deliver the access to the ‘guaranteed’ Nvidia chips as part of the deal by September 30, Google has the right to terminate the contract, with a one-month grace period. SpaceX has announced the deal just days before the company’s stock is expected to start trading on the Nasdaq exchange.