SpaceX has signed a $6.3bn compute deal with Reflection AI, an open-source AI startup founded in 2024 by former Google DeepMind researchers. Reflection will pay $150mn per month to rent Nvidia GB300 chips at SpaceX's Colossus 2 data center in Memphis through 2029. Notably, Nvidia is on both sides of the deal — supplying the hardware and having invested ~$800mn in Reflection. SpaceX is rapidly becoming a compute landlord, with existing rental contracts with Anthropic (~$1.25bn/month) and Google (~$920mn/month), giving it over $80bn in committed compute revenue through 2029. Reflection, valued at $8bn after a $2bn raise last October, is now raising again at a $25bn valuation despite not yet shipping a public frontier model.
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Nvidia is on both sidesWho Reflection isSpaceX is now a compute landlordInside Colossus 2The bottom line225 Impressions