Two new contracts with Anthropic and Alphabet add $2.17 billion in monthly revenue, boosting SpaceX’s valuation case ahead of its IPO.
SpaceX has locked in $2.17 billion in monthly revenue from two new artificial intelligence contracts. The deals with Anthropic and Alphabet will generate $26 billion annually, exceeding the company’s total 2025 revenue of $18.7 billion.
The agreements provide exclusive access to SpaceX’s Colossus 1 data center, housing over 330,000 Nvidia GPUs. Anthropic will pay $1.25 billion monthly for 220,000 GPUs, while Alphabet committed $920 million monthly for 110,000 GPUs over three years.
The contracts address investor concerns over SpaceX’s $1.77 trillion valuation target for its upcoming $75 billion IPO. The company was previously trading at 95 times sales, a multiple questioned due to its unprofitability and modest revenue growth.