SpaceX amends IPO filing with $920M/month google cloud deal and new "friends & family" share carve-out
New Delhi, June 6 -- SpaceX updated its IPO prospectus on June 1 and again on June 3, adding two headline items: a new cloud contract with Google and a 5 per cent "friends and family" share allocation that can be sold immediately after listing.
According to Amendment No. 2 filed on June 3, SpaceX entered a Cloud Service Agreement with Google LLC on June 5, 2026, to supply roughly 110,000 NVIDIA GPUs plus CPUs, memory and related components. Google will pay $920 million per month from October 2026 through June 2029, worth about $29.4 billion over the term. Capacity ramps up through September at a reduced fee. The deal includes strict delivery terms. If SpaceX fails to provide the GPUs by Sept 30, 2026, Google can terminate after a one-mon...
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