SpaceX has reached a landmark agreement to lease its high-performance computing assets to Reflection AI, marking a significant step in the commercialization of its data infrastructure following its recent public listing. This multi-year arrangement underscores the surging market valuation for immediate access to next-generation Nvidia hardware as the competition for frontier model development intensifies.
Under the contractual terms, the open-source developer is scheduled to begin monthly payments of $150 million starting 1 July 2026. The agreement grants Reflection AI access to Nvidia GB300 processors situated within the Colossus 2 facility in Memphis. Should the partnership extend through its full 2029 term, the total revenue for SpaceX will reach approximately $6.3 billion.
This transaction follows the transition of the Colossus platform into a commercial revenue stream after SpaceX’s record-breaking initial public offering earlier this month.
Reflection AI, which recently commanded a $25 billion valuation, joins a client roster that already features industry leaders such as Google and Anthropic. The deal also highlights a growing “capital-compute loop,” as Nvidia is both a primary hardware supplier for the site and a significant investor in Reflection AI, having previously committed $800 million to the startup.
The strategic pivot toward open-source infrastructure comes amid a broader market reassessment of proprietary AI systems. Following recent access restrictions implemented by other major model providers, there is a heightened demand among enterprises and government agencies for models that offer greater transparency and control.
As SpaceX continues to integrate its recent all-stock acquisition of the AI firm Cursor, it is positioning its infrastructure to serve as a central hub for the industry’s most compute-heavy projects.
On Monday, the share price of SpacX (SPCX) dropped 16.5% in a single day, the sharpest decline since entering the market on June 12, while marking the third-day straight of decline. Pre-market data indicates a slight gain by the rocket company, edging 1.42% higher.
