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SpaceX signs $1.11 billion monthly compute hosting deal with unnamed client

SpaceX agreed to a major compute hosting contract, according to Business Insider, citing chief financial officer Bret Johnsen.

Updated Sep 11, 2026 · 11:54 UTC1 reports

The short version

  • SpaceX Chief Financial Officer Bret Johnsen stated the company secured a computing infrastructure deal worth approximately $1.11 billion monthly beginning December 1, 2026.[Business Insider]
  • The client behind the agreement remains undisclosed.[Business Insider]
  • The new revenue supports SpaceX's goal of reaching $100 billion in annual recurring revenue by the close of the year, building on prior hosting pacts with Anthropic and Google.[Business Insider]
  • SpaceX continues to expand its hosting operations using data center infrastructure acquired through its February merger with xAI.[Business Insider]

Key facts

  • SpaceX CFO Bret Johnsen announced a compute hosting deal generating roughly $1.11 billion monthly starting December 1, 2026.[Business Insider]
  • The company previously agreed to compute rental deals worth $1.25 billion monthly with Anthropic and $920 million monthly with Google.[Business Insider]
  • SpaceX gained substantial data center capacity through its merger with xAI in February 2026.[Business Insider]
  • SpaceX is aiming to hit $100 billion in annual recurring revenue by the end of 2026.[Business Insider]

What remains uncertain

  • The identity of the customer entering the $1.11 billion monthly agreement has not been disclosed.[Business Insider]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.