SpaceX has entered into a computing power agreement with Nvidia-backed Reflection AI that could be valued at $6.3 billion through 2029, according to a report.
Under the arrangement, Reflection AI will receive immediate access to Nvidia GB300 processors hosted in SpaceX's Colossus facility. The startup has committed to making monthly payments of $150 million beginning on July 1, 2026, as part of the multi-year arrangement.
The contract contains a built-in exit mechanism: after a three-month initial period, either SpaceX or Reflection AI may terminate the agreement with 90 days' notice. That provision sets a defined window for either party to step away once the short start-up timeframe has passed.
Colossus was originally developed by SpaceX to support Grok, the company's AI chatbot project. While the facility was built to enable Grok's compute needs, SpaceX has broadened Colossus's role to provide computational capacity to outside AI firms as well. Reflection AI is the latest external company to secure access to that infrastructure.
Reflection AI joins other organizations that have previously arranged to use SpaceX's computing capacity. Reported prior agreements include deals with Anthropic, Google, and Cursor. The report also indicates SpaceX is in the process of acquiring Cursor.
The timing of this agreement comes amid a shift in the AI landscape noted in the report: open-source AI models have gained momentum following Anthropic's decision to discontinue access to its Fable and Mythos models. That development has prompted some entities to reassess their reliance on closed AI systems, according to the same report.
In sum, the deal links a private space and infrastructure company with an open-source AI startup, tying significant future payments to access to high-end Nvidia chips deployed in a bespoke data center environment. The contractual structure, the scheduled start of payments in mid-2026, and the termination clause are central to how the arrangement is framed in the report.
Key points
- Agreement could be worth $6.3 billion through 2029 and grants Reflection AI access to Nvidia GB300 chips via SpaceX's Colossus.
- Reflection AI will make monthly payments of $150 million starting July 1, 2026; either party can terminate with 90 days' notice after an initial three-month period.
- Sectors affected include cloud and data-center services, semiconductor utilization for AI workloads, and the broader AI infrastructure market.
Risks and uncertainties
- The contract allows termination after a three-month period with 90 days' notice, creating potential revenue and capacity allocation uncertainty for both parties - relevant to data-center and cloud service markets.
- The payment schedule does not begin until July 1, 2026, meaning future cash flows and commitments are subject to performance and ongoing agreement terms - relevant to the financial planning of the involved firms.
- Shifts in the AI ecosystem, such as Anthropic's discontinuation of access to Fable and Mythos, have spurred heightened interest in open-source models, introducing strategic uncertainty about dependence on closed versus open systems in the AI sector.