SpaceX has signed a computing power agreement worth up to $6.3 billion with Reflection AI, an open-source AI startup founded by former Google DeepMind researchers. Under the deal, Reflection pays SpaceX $150 million per month starting July 1, 2026, through 2029, in exchange for immediate access to Nvidia GB300 chips housed at SpaceXs Colossus 2 data center in Memphis, Tennessee. Either side can exit with 90 days notice after the first three months.
Reflection AI, valued at $25 billion with Nvidia among its backers, works on American open-source models and collaborates with the Department of Energy and the Pentagon. The deal is SpaceXs fourth major outside compute agreement, following arrangements with Anthropic (~$45 billion), Google (~$30 billion), and Cursor, pushing Colossuss committed third-party revenue past $80 billion through 2029.
Colossus was originally built to train Elon Musks Grok chatbot for xAI, but SpaceX has increasingly rented out its spare capacity, turning the Memphis facility into one of the largest commercial AI compute platforms in the world as demand for GPU capacity continues to outstrip supply industry-wide.