Anthropic has committed to paying SpaceX $1.25 billion each month for access to SpaceX's Colossus 1 and Colossus 2 data centers near Memphis until May 2029 [1, 2, 3, 4]. The deal could generate over $40 billion in total revenue for SpaceX if it continues through the full term [1, 4]. Either company may terminate the contract with 90 days’ notice [1, 2, 3, 4].
Anthropic is currently paying discounted rates for May and June 2026 as the partnership ramps up [1, 2, 3, 4]. The access is primarily used for AI inference workloads [4]. According to Tom Brown, Anthropic’s co-founder and chief compute officer, the company plans to ramp up deployment of Nvidia GB200 GPUs in Colossus 2 throughout June 2026 as part of expanding the partnership [3].
SpaceX’s AI division has seen significant investment and losses in its AI compute business. The company reported $12.7 billion in AI-related capital expenditures for 2025 and another $7.7 billion in the first quarter of 2026 [2]. Operating losses were $6.3 billion in 2025 and $2.5 billion in Q1 2026, driven largely by GPU and cloud costs [2, 4].
SpaceX plans to offer similar compute leasing deals to other AI companies. Elon Musk said on X that SpaceX is ready to offer AI compute services at significant scale to others [2]. SpaceX stated in IPO filings that these agreements help monetize unused capacity while allowing reallocation as needed for internal projects [1, 4].
Anthropic’s revenue is growing rapidly, expected to exceed $10.9 billion this quarter, up from $4.8 billion last quarter [2].
SpaceX filed IPO documents on May 20 revealing financial details of the deal [1, 2, 3, 4]. The formal announcement of the partnership came earlier in May 2026 [1, 2, 3, 4]. Anticipated scaling of Anthropic’s use of Colossus 2 GPUs will accelerate in June 2026 [3].
