Report: Anthropic Becomes SpaceX's Largest Single Customer, Contributing Over One-Third of Revenue
According to cnBeta, SpaceX's revenue from Anthropic has surpassed the payments made by the U.S. federal government, making Anthropic its largest single customer and contributing more than one-third of revenue. The agreement between the two parties stipulates that Anthropic will use computing power from SpaceX's Memphis data center, paying up to $120.5 billion over the contract period through 2029, at approximately $3.1 billion per month starting this December. Anthropic may terminate the contract early with 90 days' notice starting from January and March 2027. Neither SpaceX nor Anthropic commented.
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The original text discloses the contract amount, monthly payment schedule, and early termination window, allowing readers to judge the degree to which SpaceX's computing business depends on a single customer.
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Now, revenue from Anthropic has surpassed the payments made by the U.S. federal government to SpaceX. Previously, the U.S. federal government had been SpaceX's largest single customer. This also highlights the risk posed by SpaceX's dependence on Anthropic, because under the terms of the contract, Anthropic could exit the partnership as early as next year.
This revenue comes from an agreement Anthropic signed with SpaceX earlier this year. Under the agreement, Anthropic will use computing power provided by SpaceX's data center in Memphis, Tennessee. Musk is gradually transforming SpaceX's AI business into what is known as a "neocloud," renting out data center computing power to customers such as Anthropic and Google.
The prospectus shows that Anthropic has agreed to pay SpaceX up to $120.5 billion over the contract period through 2029. Starting in December this year, Anthropic's monthly payments will reach about $3.1 billion. However, starting in January 2027 and March 2027, Anthropic can cancel the relevant contracts with SpaceX by giving 90 days' notice.
As of press time, Anthropic declined to comment. SpaceX has not yet commented on the matter.