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Reflection AI to pay SpaceXAI $150 million monthly for Nvidia chips through 2029
Reflection AI will pay SpaceXAI $150 million per month starting July 1, 2026, for access to Nvidia GB300 chips at the Colossus 2 data center. The contract runs through 2029 and totals up to $6.3 billion.
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Reflection AI signed a contract with SpaceXAI for access to Nvidia GB300 AI chips at the Colossus 2 data center near Memphis, Tennessee. The open-source startup will pay $150 million per month beginning July 1, 2026, through 2029. The agreement is valued at up to $6.3 billion.
Either party may terminate the contract with 90 days’ notice after the first three months. The deal is smaller than SpaceXAI’s existing contracts with Anthropic and Google, which cost those companies $1.25 billion and $920 million per month, respectively, and also run through July 2029. Reflection AI was founded in 2024 by former Google DeepMind researchers Misha Laskin and Ioannis Antonoglou.
The company releases open-weight models and used the compute agreement to highlight its strategy as an alternative to closed frontier labs. The U.S. government banned Anthropic’s closed models Fable and Mythos.
A Reflection AI spokesperson said recent events show the importance of open source to the AI ecosystem. Nvidia invested $800 million in Reflection AI. The Colossus data center was originally built by xAI, now part of SpaceX, for its own AI efforts.
SpaceX shares fell approximately 9 percent in late U.S. morning trading on June 22, 2026, and are down 25 percent from the previous Tuesday’s high of $225. The company announced it would sell investment-grade bonds for the first time.
