An open-source artificial intelligence startup called Reflection — backed by chipmaker Nvidia — has signed a major deal to rent computing power from SpaceX, according to reports from TechCrunch, Reuters (via Yahoo! Finance Canada) and others.
Under the agreement, Reflection AI gets immediate access to Nvidia's latest GB300 AI chips and supporting hardware at SpaceX's Colossus 2 data center near Memphis, Tennessee, TechCrunch reports. The same report says Reflection will pay $150 million a month, beginning July 1, 2026, and running through 2029.
The headline value of the deal varies by outlet. The Tech Buzz pegs it at $5.4 billion, while BASENOR reports a figure of $6.3 billion. The MSN report describes the counterparty as "SpaceXAI" and confirms the chips and hardware are drawn from the Colossus 2 facility.
What ties the reports together is the shape of the arrangement: a smaller AI lab securing guaranteed, near-term access to scarce, top-tier Nvidia silicon by leasing it from a data center operated by Elon Musk's SpaceX, rather than building its own.
Reflection is described across the sources as an open-source AI lab, a positioning that sets it apart from rivals that keep their models closed.
Why it matters: access to cutting-edge chips like Nvidia's GB300 is the single biggest bottleneck in building advanced AI, and multi-year, multi-billion-dollar compute contracts like this one show how startups are locking up that capacity — and how Musk's infrastructure is becoming a power broker in the AI race.