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Sign InIn a move reflecting its strategic expansion into AI infrastructure, SpaceX has signed a major agreement to provide Reflection AI with computing power utilizing Nvidia GB300 chips. The deal is valued at $150 million per month starting in July 2026, with a potential total value of $6.3 billion through 2029. These computing operations are set to take place at Elon Musk's Colossus 2 data center, further integrating the aerospace company's resources with high-performance AI workloads.
This partnership surfaces amid intense demand for advanced GPU clusters, with Nvidia (NVDA) trading at $209.86 per market data on June 22, 2026. The reliance on the GB300 architecture underscores Nvidia's market leadership compared to peers like TSM, which closed at $467.85 on the same date, and AMD. Industry analysts note that such long-term infrastructure commitments are becoming essential for AI startups to secure the necessary hardware runway for future model iterations.
Traders should watch SpaceX (SPCX) price action, which stood at $185 at close on June 18, 2026, as the market weighs this long-term revenue stream against the 2026 start date. Looking ahead, the economic calendar highlights the Eurozone CPI release on June 17, a key catalyst that could influence global tech valuations and the broader interest rate environment governing capital-intensive data center expansions.