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Market Chatter: SpaceX Signs Computing Power Contract With Reflection AI

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Space Exploration Technologies (SPCX) has signed a computing power deal with Reflection AI, with payments totaling approximately $6.3 billion if the agreement runs through its full term, CNBC reported Monday, citing materials it reviewed.

Under the agreement, Reflection AI will immediately gain access to Nvidia (NVDA) GB300 AI chips to train and run advanced models, and has agreed to pay SpaceX $150 million a month starting July 1 through 2029, according to the report.

SpaceX and Reflection AI did not immediately respond to a request for comment by.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $167.52, Change: $-17.48, Percent Change: -9.45%

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Market Chatter: SpaceX Signs Computing Power Contract With Reflection AI | FINWIRES