SpaceX Files IPO Documents Detailing Anthropic Data Center Deal
SpaceX disclosed terms of a multi-year agreement with Anthropic in regulatory filings released Wednesday. The documents also outlined the company's financial results and governance structure ahead of a planned stock offering.
WiredU.S. regulators on Wednesday that included details of an agreement to provide computing resources to Anthropic. 25 billion per month from July 2026 through May 2029 for access to GPUs at data centers in Tennessee and Mississippi. The company will pay a reduced rate for May and June before the full monthly amount begins.
SpaceX stated that it built the facilities for its xAI unit but determined it did not require the full computing capacity. The filing noted that the company expects to enter into additional similar contracts for its infrastructure.
3 billion net loss for the first quarter of 2026. 9 billion loss. 75 trillion. The stock is expected to trade under the ticker SPCX on the Nasdaq exchange.
The documents showed that Musk is the only person who can remove himself as chief executive. They also indicated that he and his allies will hold sufficient voting power to maintain control of the board. SpaceX said it will use provisions under Texas law to limit hostile takeovers and removal of executives.
The filing described the company's dual strategy of using its data centers for internal needs while generating revenue from external contracts. An Anthropic spokesperson confirmed the payment figures to Wired. SpaceX did not respond to a request for comment.
Key Facts
Story Timeline
3 events- April 1, 2026
SpaceX filed initial IPO paperwork confidentially with the SEC.
1 sourceWired - May 2026
SpaceX and Anthropic announced a GPU access agreement.
1 sourceWired - May 20, 2026
SpaceX released updated S-1 filing with payment terms and financial details.
1 sourceWired
Potential Impact
- 01
SpaceX will receive $15 billion annually from Anthropic under the contract terms.
- 02
SpaceX data centers will operate with external AI workloads in addition to internal use.
- 03
SpaceX governance provisions will limit the ability of outside investors to remove executives.
Transparency Panel
Related Stories
thesouthafrican.comSouth African Researchers Develop Quantum and AI Tools for Cybersecurity
Scientists and startup companies in South Africa are applying quantum communication and AI-powered tools to address rising global cyber threats. The work focuses on strengthening data protection methods.
France 24EU Discusses Readiness for Artificial Intelligence Changes
A France 24 program examined whether European Union policies can address the effects of artificial intelligence. The discussion covered potential impacts across daily life and economic sectors.
reason.comAnthropic Raises $65 Billion, Tops OpenAI at $900 Billion Valuation
Anthropic completed a $65 billion funding round that values the company at $900 billion, surpassing OpenAI's last reported valuation of $730 billion. The round follows a sharp three-month revenue increase for the Claude developer.