Anthropic to pay SpaceX $1.25 billion monthly for compute power in $15 billion annual deal
12 Sources
[1]
Anthropic will pay xAI $1.25 billion per month for compute | TechCrunch
Earlier this month, Anthropic surprised the AI world with a deal to buy 300 megawatts worth of compute -- securing the entire output of the Colossus 1 data center near Memphis, Tennessee. Turns out, compute at that scale isn't cheap. Anthropic will be paying xAI $1.25 billion per month through May
[2]
SpaceX IPO Filing Reveals Anthropic Is Paying $15 Billion a Year to Access Its Data Centers
Anthropic has agreed to pay SpaceX $1.25 billion per month through May of 2029 for access to cloud computing infrastructure, a long-awaited US regulatory filing revealed on Wednesday. In other words, Anthropic will be sending a rival artificial intelligence lab roughly $15 billion a year, an
[3]
Anthropic is paying $15 billion a year for access to Elon Musk's data centers
In 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. SpaceX has been spending enormous amounts of money on AI since the company merged with
[4]
Anthropic nears first quarterly profit, agrees to pay SpaceX $1.25 billion monthly for computing power
SAN FRANCISCO, May 20 (Reuters) - Anthropic is closing in on its first quarterly operating profit, a person familiar with the matter told Reuters, as its sales eclipse the enormous costs to develop and deploy artificial intelligence. In recent fundraising materials, the San Francisco-based startup
[5]
Anthropic is paying SpaceX $15 billion per year
Why it matters: It's a massive bill but comes as Anthropic's revenue is taking off and the company is hampered by a lack of compute power. * It also is a significant boost to SpaceX, whose annual revenue is only around $18 billion per year. Driving the news: Anthropic and SpaceX announced their
[6]
Anthropic to pay xAI $1.25 billion monthly for massive AI compute
Anthropic has signed a deal to acquire 300 megawatts of compute from the Colossus 1 data center near Memphis, Tennessee, in a move that could significantly impact both companies. Anthropic will pay xAI $1.25 billion per month until May 2029, with a discounted rate for the first two months as xAI
[7]
SpaceX's $45 Billion Anthropic Deal Could Fund Its AI Buildout Three Times Over
SpaceX revealed that it entered into cloud services agreements with Anthropic in May 2026, under which the AI startup will pay $1.25 billion per month for access to compute capacity across the company's Colossus and Colossus II AI data center campuses. The agreements run through May 2029, with
[8]
Elon Musk Says SpaceX's Anthropic Deal Shows It Can Offer AI Compute As A Service At Scale: 'We Are In Di
Elon Musk said on Wednesday that SpaceX is now selling artificial intelligence computing power at "significant scale," pointing to an expanded agreement that gives Anthropic access to the company's Colossus data center capacity as the space venture prepares for a public listing. Musk Says SpaceX
[9]
Anthropic On the Cusp of a Profitable Quarter; Commits $40bn to xAI for Compute Power
Anthropic shared its numbers with existing investors as part of a funding round but the timing makes us wonder whether it has anything to do with an OpenAI IPO coming up The era of AI-led IPOs is close and with it the companies lining up their public offerings are going to town sharing news that
[10]
Anthropic Signs Billion-Dollar xAI Deal for AI Compute Power
Anthropic struck a multi-billion-dollar pact with Elon Musk's xAI to acquire computing infrastructure through 2029. According to various reports, Anthropic will pay a monthly fee of nearly $1.25 billion, which translates to roughly $40 billion in contract value over the coming years. Under this
[11]
Anthropic nears first quarterly profit, agrees to pay SpaceX $1.25 billion monthly for computing power
SAN FRANCISCO, May 20 (Reuters) - Anthropic is closing in on its first quarterly operating profit, a person familiar with the matter told Reuters, as its sales eclipse the enormous costs to develop and deploy artificial intelligence. In recent fundraising materials, the San Francisco-based startup
[12]
Anthropic to pay Elon Musk's xAI billions until 2029: Here is why
The contract is said to allow either company to end the agreement with a 90-day notice. Elon Musk's AI company xAI has landed a massive deal with rival AI startup Anthropic that could bring in more than $40 billion in revenue over the next few years. The details were revealed in a recent filing
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Anthropic will pay SpaceX $1.25 billion per month through May 2029 for access to compute power at Colossus data centers, totaling over $40 billion. The deal emerged from SpaceX's IPO filing and highlights how compute capacity has become a critical bottleneck in AI development. Meanwhile, Anthropic approaches its first quarterly profit with revenue expected to exceed $10 billion.
Anthropic Secures Massive Compute Power Deal with SpaceX
Anthropic will pay SpaceX $1.25 billion per month through May 2029 for access to compute power, according to details revealed in SpaceX's S-1 filing with the SEC. The arrangement gives Anthropic access to the entire output of the Colossus 1 data center near Memphis, Tennesee, representing 300 megawatts of computing capacity
1
. This translates to Anthropic paying SpaceX $15 billion a year, with the total deal potentially bringing xAI over $40 billion in revenue1
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Source: Benzinga
The eye-popping figures underscore how access to data centers and AI infrastructure has become one of the defining bottlenecks in the race to develop advanced artificial intelligence . Anthropic will pay a reduced fee for May and June before the full monthly rate takes effect, as xAI completes its ramp-up period
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.SpaceX Pursues AI Compute as a Service Strategy
The SpaceX IPO filing reveals a strategic shift toward what some call a "neocloud model," where AI companies monetize excess compute capacity by acting as cloud providers when their own usage falls short
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. SpaceX stated the deal "allows us to monetize unused compute capacity in our infrastructure" and noted it expects to "enter into additional similar services contracts"1
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Source: Benzinga
Elon Musk confirmed on X that SpaceX is "offering AI compute as a service at significant scale" and stands ready to offer similar deals to other AI companies
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. The company believes its "dual monetization strategy provides multiple pathways to generate returns on invested capital"2
.Massive AI Infrastructure Spending Drives Deal
SpaceX has been spending enormous amounts on AI infrastructure since merging with Elon Musk's xAI earlier this year. According to the filing, the company spent $12.7 billion in capital expenditure on AI in 2025, representing about 61 percent of total spending
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. In the first quarter of 2026 alone, SpaceX spent $7.7 billion on AI compared to just $1 billion on its space division3
.However, SpaceX's AI segment remains unprofitable. The 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
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. Usage of Grok AI—xAI's flagship assistant—has dropped significantly in recent months, freeing up servers that the company is now selling to one of its closest competitors1
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Anthropic Approaches First Quarterly Profit
The massive compute investment comes as Anthropic nears its first quarterly operating profit. The company's June quarter sales could reach at least $10.9 billion, more than double its $4.8 billion in revenue for the March quarter
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. This would propel its second-quarter operating profit to an expected $559 million4
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Source: Reuters
Demand for Claude AI has jumped as software developers use the technology for computer programming and enterprises deploy its top-shelf model Mythos to unearth vulnerabilities in their code
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. Anthropic co-founder and chief compute officer Tom Brown announced the company is expanding beyond the Colossus 1 facility to Colossus 2 as well, scaling up on Nvidia GB200 capacity throughout June5
.Deal Terms Allow Flexibility for Both Parties
The terms allow either Anthropic or SpaceX to terminate the contract with 90 days' notice
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. This flexibility is significant given the massive financial commitment involved. For SpaceX, the Anthropic deal represents a substantial boost to a company whose annual revenue is only around $18 billion per year5
. The arrangement gives SpaceX critical revenue as it pursues the largest IPO in history, hoping to raise about $75 billion at a valuation of $1.75 trillion2
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