Anthropic To Pay SpaceX $1.25 Billion A Month Until 2029 And The Reason Is Insane

SpaceX’s IPO filing is in! And with these files comes the biggest tranche of juicy info since some other files were released (the UFO files, obviously). But perhaps the biggest reveal from these documents is just how big Anthropic’s investment actually is.

As previously reported, earlier this month, Anthropic struck a deal with SpaceX to use its Memphis-based Colossus data facility (the world’s largest AI supercomputer) to increase Claude’s computing capacity by a massive 300 megawatts.

But now the exact figures behind the deal have been revealed and the numbers are staggering.

According to the filing, Anthropic will pay SpaceX $1.25 billion a month until May 2029. Although the agreement could be terminated with 90 days’ notice by either party, should it stay in place, the windfall could be as much as $40 billion for SpaceX.

The money is a much-needed sweetener ahead of SpaceX’s upcoming IPO, as the filing also revealed SpaceX’s deepening financial troubles.

Last year, SpaceX was operating at a net loss of $4.9 billion. And in the first three months of this year, that loss was $4.3 billion. Although the company pulls in billions in revenue and has hundreds of billions in assets, the company also has $60.5 billion in debt.

Anthropic to the rescue

Here is where the Anthropic deal starts to fall into place.

Claude’s daddy is providing an essential revenue stream to the company. Elon was clearly playing 4D chess with the xAI/SpaceX merger, seeing that AI is the future of tech (or at the very least a modern gold rush).

By combining xAI with SpaceX, Elon secured Anthropic’s investment and signalled the company’s ambitions to put AI data centres into orbit.

All of which makes for a much tastier IPO, regardless of the debt and revenue shortfall.

And of course, it’s Elon himself who will take home the massive win when SpaceX does gain its ticker. With a potential valuation of $1.25 trillion, Musk’s majority ownership could be worth more than $600 billion.

If all goes according to plan, that would make Elon Musk the world’s first trillionaire.

We’ll wait and see how the IPO actually pans out but one thing’s for certain, SpaceX is going to da moon.

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