Google's $920 Million‑a‑Month Deal Could Supercharge the SpaceX IPO
An already interesting IPO story just became even more intriguing.
Overview
We're only days away from the biggest initial public offering (IPO) in stock market history. SpaceX is preparing to launch at a valuation of roughly $1.8 trillion. And this already interesting IPO story just became even more intriguing.
SpaceX announced on June 5, 2026, that it had entered into a three-year cloud service agreement with Google LLC, an operating unit of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). What made the contract so noteworthy is that Google will pay SpaceX a whopping $920 million per month. Could the Google deal further turbocharge SpaceX's imminent IPO? Quite possibly.
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Originally published at www.fool.com.
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