SpaceX Has Landed Data Center Deals With Anthropic, Google, and Reflection That Could Be Worth Over $76 Billion Through 2029. Is That Enough to Justify Its Valuation?

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Summary

SpaceX has reportedly signed long-term compute leasing deals with Anthropic, Google, and Reflection that could total more than $76 billion through 2029. The article argues that these contracts strengthen SpaceX’s valuation case, but it also highlights major caveats, including termination rights and uncertain demand durability. It explains that SpaceX’s current data center capacity is limited, so further growth would require expensive new builds. The piece also notes that SpaceX’s longer-term AI infrastructure thesis depends on Starship and orbital compute ambitions that remain unproven.

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Artificial Intelligence Software Development SaaS

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Anthropic
$10M to $25M