SpaceX Signs Compute Agreement With Google Ahead Of Planned IPO

SpaceX And Google Forge A Major Compute Partnership

SpaceX has announced a compute agreement with Google ahead of its planned initial public offering. According to a regulatory filing, Google will pay SpaceX $920 million per month from October 2026 through June 2029 in exchange for access to approximately 110,000 NVIDIA GPUs, CPUs, memory and related computing infrastructure.

Drawing Comparisons With Anthropic’s Agreement

The agreement follows a similar deal announced in May with Anthropic, which committed to paying $1.25 billion per month through 2029 for access to compute capacity at SpaceX’s Colossus 1 data centre near Memphis, Tennessee.

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Based on the disclosed figures, Google’s allocation appears to be smaller than the capacity assigned to Anthropic. SpaceX has not identified which facility will support Google’s workloads, although CEO Elon Musk previously stated that Colossus 2 would be reserved for xAI.

Meeting Surging Demand In AI Innovation

Google’s move comes at a time when the company is experiencing unexpected demand for its cutting-edge AI products. A Google representative emphasized that, citing the strong performance of the newly launched Gemini Enterprise platform, this strategic, short-term agreement is designed to bridge capacity gaps. With Google frequently recognized as one of the largest single owners of AI compute resources, the robust design of this deal underlines the intensifying competition in the technology sector.

Financial Implications And Future Prospects

The announcement comes as SpaceX prepares for its expected Nasdaq debut. According to preliminary SEC filings, the company plans to raise approximately $75 billion at a valuation of around $1.75 trillion. At the same time, Alphabet has continued to expand its investment programme, authorising more than $180 billion in capital expenditures and announcing plans for an $80 billion equity offering.

Terms And Conditions Of The Agreement

The contract includes a termination clause allowing either party to cancel the agreement with 90 days’ notice after December 31, 2026. Google’s access to the designated computing infrastructure is expected to increase gradually through September at a reduced rate. If SpaceX fails to provide the agreed number of GPUs by September 30, 2026, Google may terminate the contract after a one-month grace period or accept a reduced allocation at a lower monthly cost.

A Strategic Partnership With Longstanding Ties

The agreement builds on an existing relationship between the two companies. Google is already an investor in SpaceX and, according to Bloomberg, its stake could be worth more than $100 billion following the IPO. Reports also indicate that discussions between the companies are continuing around potential orbital data centre projects, which form part of SpaceX’s broader long-term strategy.

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Paramount Closes $110 Billion Warner Bros. Discovery Deal, Creating Skydance Entertainment Giant

by THEFUTURE.TEAM

October 6, 2026

Paramount has completed its $110 billion acquisition of Warner Bros. Discovery, bringing together two of the most powerful names in media under a new combined company, Skydance. The deal, announced Tuesday, creates one of the largest entertainment mergers ever completed and reshapes the competitive landscape across streaming, film, television and cable.

A New Power Center In Global Entertainment

The combined company unites Paramount+ and HBO Max, alongside a broad portfolio of networks that includes CBS, CNN, MTV, TBS, Comedy Central and Food Network. It also gives Skydance control over some of the industry’s most valuable franchises, including The Lord of the Rings, Game of Thrones, the DC Universe and Yellowstone.

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For the industry, the scale of the transaction is as significant as the assets themselves. In an era defined by streaming competition and rising content costs, ownership of established intellectual property has become a strategic advantage akin to controlling a premium distribution network in a previous media cycle.

Ellison Expands His Influence

The merger places one of the world’s largest entertainment studios under the control of David Ellison, who only last year completed the combination of Skydance Media and Paramount. With this latest transaction, Ellison is accelerating his rise as one of Hollywood’s most influential executives.

The Ellison family remains Skydance’s largest shareholder, backed by the financial power of Larry Ellison, the Oracle co-founder and David Ellison’s father. That support gives the company considerable flexibility as it integrates two sprawling media businesses and seeks to compete more aggressively across platforms.

Legal Hurdles Cleared Before Closing

The deal’s completion follows settlements with a coalition of U.S. states and a Hollywood writers’ union, removing the principal legal obstacles that had threatened to delay or derail the merger.

Paramount first announced in February that it would pursue Warner Bros. Discovery after a bidding contest with Netflix, which had earlier struck its own agreement to acquire Warner Bros.’ film and television studios and streaming operations, excluding the cable networks. Paramount strengthened its offer by promising shareholders additional cash if the deal failed to close by a set deadline and by agreeing to cover the breakup fee owed to Netflix.

What Skydance Says Comes Next

“Today is a historic day, not just for Skydance but for our entire industry,” Ellison said in a statement. “From the start, our ambition was to bring these two storied studios together and create a stronger competitor, with the talent, resources, and reach to tell great stories in every genre, on every platform, for audiences everywhere. Our focus now turns to the future: building a company that empowers creatives, entertains audiences and rewards shareholders. We couldn’t be more excited to get to work.”

Skydance said the combined company will generate nearly $70 billion in annual revenue. The company’s Class B shares are set to begin trading on the New York Stock Exchange today under the ticker symbol SKYD.

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