Google will pay SpaceX $920M per month from October 2026 through June 2029 for access to about 110,000 NVIDIA GPUs and related compute. The deal shows how fast AI demand can pressure even one of the world’s largest infrastructure operators.
SpaceX launched its roadshow June 4 for a record $75 billion IPO — the largest in history, ~2.5x Saudi Aramco's 2019 record — pricing at $135/share (ticker: SPCX, Nasdaq) for a ~$1.77T market cap. The public float is just 4.2%, insiders retain 95.8%. Trading begins June 12.
A majority of SpaceX shareholders have approved a board-recommended 5-for-1 stock split, Bloomberg reported, in a move widely read as an IPO preparatory step for one of the world's most valuable private companies. The announcement follows Cerebras's blockbuster +70% IPO debut, intensifying investor anticipation for the SpaceX, OpenAI, and Anthropic public listings.
Elon Musk confirmed the dissolution of xAI as an independent company, folding Grok and all AI products into SpaceX under the new SpaceXAI division. The move follows the $1.25 trillion SpaceX-xAI merger and marks a major restructuring in the AI landscape.
Mirae Asset Securities reported Q1 2026 net income of KRW 1.0019 trillion (+288% year-over-year) and operating income of KRW 1.3750 trillion (+297%), becoming the first Korean securities firm to surpass the KRW 1 trillion threshold on both metrics in a single quarter. An KRW 804 billion fair-value gain on SpaceX and other global holdings was the primary catalyst, while brokerage and wealth management both set all-time records. Total AUM grew KRW 176 trillion in under six months, reaching KRW 776 trillion.
Anthropic's annualized revenue reached $30B in Q1 2026 — an 80-fold quarterly surge CEO Dario Amodei called 'too hard to handle.' To cope, the company rented SpaceX's entire Colossus data center (220K NVIDIA GPUs) and doubled Claude Code rate limits across all paid tiers.
Anthropic secured access to SpaceX's Colossus 1 data center in Memphis, providing over 300MW of compute capacity and 220,000+ NVIDIA GPUs. Claude Code five-hour rate limits are doubling immediately, with peak-hour throttling removed for Pro and Max users.
Why it matters: AI coding leaders are now competing on compute access and strategic ownership, not only editor features. TechCrunch reported a $2B funding round, a $10B collaboration fee, and a path to a $60B Cursor acquisition.
xAI said on Feb 2, 2026 that SpaceX had acquired xAI in a stock transaction valuing xAI at $200 billion and SpaceX at $350 billion. The announcement links xAI's model roadmap with infrastructure milestones that include a $20 billion Series E, Colossus at 200,000 GPUs, and a stated path to 1 million GPUs by the end of 2026.