SpaceX Just Announced Fantastic News to Nvidia Stock Investors

Published June 10, 2026 · Category: Finance

Overview

On June 5, SpaceX quietly announced that it had entered into a massive compute capacity agreement with Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google. SpaceX is effectively leasing access to a cluster of 110,000 Nvidia (NASDAQ: NVDA) GPUs, along with supporting CPUs, memory, and related data center hardware. In exchange, Google will pay SpaceX $920 million per month between October 2026 and June 2029.

This deal represents a notable expansion of SpaceX's ambitions beyond rocket launches and satellite constellations. While headlines around the deal will fixate on SpaceX and Google, there's a more subtle winner hiding in plain sight.

Image source: Nvidia.

Details

Continue reading

Source

Originally published at www.fool.com.

Related Articles

• Bisignano says Social Security Administration's phone helpline wait times have reached a record low
• Casey's (CASY) Q4 2026 Earnings Call Transcript
• Why Newmont Stock Slumped on Wednesday