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SpaceX lands $6.3B compute deal with open-source AI startup Reflection and Nvidia is on both sides of the trade
Abhinaya Prabhu
...
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Latest News
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SpaceX lands $6.3B compute deal with open-source AI startup Reflection and Nvidia is on both sides of the trade
Abhinaya Prabhu
June 23, 2026
4 minute read
Image credits: brandoninfl/Depositphotos
Reflection AI will pay SpaceX $150M a month from July 1, 2026 through 2029 — roughly $6.3B if the contract runs its full term
The deal gives Reflection immediate access to Nvidia GB300 chips at SpaceX’s Colossus 2 data centre in Memphis, Tennessee
SpaceX has now secured more than $80B in committed compute revenue from outside clients, transforming Colossus into one of the most commercially significant AI infrastructure assets in the world
SpaceX has signed a computing deal worth up to $6.3 billion with
Reflection AI
, the open-source artificial intelligence startup founded by two veterans of Google’s DeepMind lab,
according to CNBC
, which cited materials viewed by the publication.
Under the agreement, Reflection will pay $150 million a month from July 1, 2026, for access to Nvidia GB300 chips at SpaceX’s Colossus 2 data centre near Memphis, Tennessee. If the contract runs through its full term ending in 2029, payments total approximately $6.3 billion. Either party can walk away with 90 days’ notice after the initial three months.
The deal adds Reflection to a client list at Colossus that already includes Anthropic, Google, and Cursor, the AI coding startup
SpaceX is in the process of acquiring for $60 billion
. Committed revenues across those customers now exceed $80 billion through 2029, according to regulatory filings and public reporting.
How Colossus became a commercial compute landlord
SpaceX built Colossus to power xAI’s work — the company behind Grok, Elon Musk’s AI assistant — and has since opened it to paying outside customers following its record-breaking IPO. SpaceX priced its IPO at $135 per share on June 12, 2026, at a valuation of $1.77 trill
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