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AI companies are hungry for compute.
The financial details were included in SpaceX’s recently released IPO filing. It includes a clause in which either company can terminate the deal within 90 days.
The financial details were included in SpaceX’s recently released IPO filing. It includes a clause in which either company can terminate the deal within 90 days. is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State.
In its S-1 filing, SpaceX said that Anthropic agreed to pay $1.25 billion per month through May 2029 for access to SpaceX’s AI training centers at Colossus I and Colossus II. That’s $15 billion annually, or nearly double the $18.7 billion in revenue that SpaceX reported in all of 2025. The agreement includes a clause in which either company can terminate the deal within 90 days. And Anthropic’s fees will be reduced during the capacity ramp-up this month and next.
The exit clause was likely necessary based on the fast-moving nature of the AI industry. In some sense, Anthropic’s Claude competes with X’s Grok. And it’s a sign of how desperate AI companies like Anthropic are forIn a post on X, Musk said that SpaceX stands ready to offer similar deals to other AI companies that want to access the data centers. SpaceX is “offering AI compute as a service at significant scale,” he said.earlier this year.
According to the filing, the rocket company spent $12.7 billion in capital expenditures on AI in 2025, or about 61 percent of the total spend. It spent $7.7 billion in the first quarter of 2026, compared to just $1 billion on its space division. SpaceX’s AI division lost $6.3 billion in operations on $3.2 billion in revenue in 2025, and lost $2.5 billion on $818 million in revenue in the first quarter of 2026.
Meanwhile, Anthropic is cruising toward its first quarterly operating profit, with sales revenue expected reach at least $10.9 billion, more than double its $4.8 billion in revenue for the just-ended March quarter,‘Solve all diseases,’ you say?
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