Anthropic Becomes SpaceX's Largest Single Customer, with Potential Contract Spending Cap of $120.5 Billion
According to Bloomberg, Anthropic has become SpaceX's largest single customer, a position previously held by the U.S. federal government. Filings submitted by SpaceX last week show that approximately 34.5% of revenue in the previous quarter came from a single customer, which mainly purchases computing power services from its artificial intelligence division; people familiar with the matter confirmed that the customer is Anthropic. Anthropic primarily leases computing resources from SpaceX's data center in Memphis, Tennessee. The contract is valid until 2029, with a potential spending cap of $120.5 billion, paying approximately $3.1 billion per month starting in December of this year, and the contract may be canceled after early 2027 with 90 days' written notice.
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The original text discloses the contract amount, term, and cancellation clauses, allowing readers to understand the scale and binding arrangements of AI companies' computing power procurement.
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According to Bloomberg, a person familiar with the matter said that Anthropic has become SpaceX's largest single customer. Previously, the U.S. federal government had always been SpaceX's largest single customer.
In the third quarter of this year, the company contributed more than one-third of the revenue of SpaceX, which is owned by Elon Musk.
In a filing submitted last week, SpaceX noted that about 34.5% of its revenue in the previous quarter came from a single customer, which mainly purchases services from its AI division responsible for providing computing power.
The person familiar with the matter confirmed that the mysterious buyer referred to in the filing only as "Customer B" is indeed Anthropic.
In terms of the specific cooperation, Anthropic mainly leases computing resources from SpaceX's data center in Memphis, Tennessee. Its IPO prospectus filing shows that the contract signed by the two parties is valid until 2029, with a potential spending cap of $120.5 billion (IT Home note: approximately RMB 805.005 billion at the current exchange rate).
Starting in December this year, the amount Anthropic pays each month will reach about $3.1 billion (approximately RMB 20.71 billion at the current exchange rate). However, Anthropic has the right to cancel the contract after early 2027 with 90 days' written notice.