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Jun 22, 2026

SpaceX signs $6.3 billion computing power deal with AI startup Reflection, enters bond market

SpaceX has signed a multiyear agreement worth up to $6.3 billion with open-source AI startup Reflection, providing access to Nvidia GB300 chips at its Colossus data center for $150 million monthly through 2029. The deal comes as SpaceX enters the bond market for the first time and reports cash reserves exceeding $100 billion.

Jun 22, 2026·8 sources
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Top claims

  • ▪Reflection AI aims to build open-weight, frontier-scale AI models as an alternative to closed systems from OpenAI, Anthropic, and Google.
  • ▪SpaceX entered the bond market for the first time on June 22, 2026, to sell investment-grade bonds to fund its expansion into AI and next-generation rockets.
  • ▪Reflection AI was founded in 2024 by former Google DeepMind researchers Misha Laskin and Ioannis Antonoglou.

Topics

Data center infrastructureOpen-source AIAI startupsCompute, chips & AI infrastructure

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