SpaceX signs $13.3 billion annual compute contract

SpaceX has signed a compute contract valued at $13.3 billion annually, according to Data Center Dynamics. The deal brings the provider's total annual income from compute leases to $41.1 billion.

Why it matters: The size of the deal shows how compute-leasing revenue is concentrating into a handful of very large, recurring contracts, with even non-AI-native companies like SpaceX now among the biggest buyers. It's another data point in the broader trend of AI-era infrastructure spending scaling past what traditional cloud demand alone would justify.