According to The Next Web, Anthropic stands as the primary buyer for SpaceX, generating 34.5% of the aerospace company's third-quarter revenue and pushing past the US government as its largest client. The revelation comes from a filing released by SpaceX last week, which initially identified the tech firm only as “Customer B” before Bloomberg confirmed its identity through a source familiar with the matter.
Key takeaways
- Anthropic accounts for 34.5% of SpaceX third-quarter revenue.
- The AI firm outspends the US government to take the top client spot.
- Contracts could reach up to $120.5B running through 2029.
- Anthropic holds the option to cancel agreements after early 2027.
How much does Anthropic spend on the SpaceX computing client network?
The AI company rents processing hardware at SpaceX data centres located in Memphis, Tennessee. Regulatory filings indicate that Anthropic could spend up to $120.5B on these services through 2029, translating to about $3.1B a month starting in December. The AI unit, recently named Super Intelligence, turned a profit for the first time last quarter as overall revenue surged by 161%.
What are the terms of the Anthropic SpaceX revenue agreement?
While the financial commitment is massive, the arrangement includes an escape clause for the renter. Anthropic can cancel its contracts by providing 90 days of notice after early 2027. In addition to this massive partnership, SpaceX also provides computing power to Google, which pays approximately $920M each month for its share of the resources.
What happens next?
The heavy reliance on a single buyer exposes SpaceX to significant risk if the agreement ends prematurely. Elon Musk defended the stability of the enterprise on X, pointing out that Starlink and traditional launch operations protect the business from trends affecting other neocloud providers. Meanwhile, neither company has offered an official statement, as Anthropic declined to comment and SpaceX did not respond to inquiries reported by Bloomberg.
Frequently asked questions
Anthropic is the largest customer, taking over the top spot from the US government.
About 34.5% of the quarterly revenue came from this single client, identified in filings as Customer B.
The computing power is rented out from data centres in Memphis, Tennessee.
Yes, Anthropic can cancel the agreement with 90 days of notice after early 2027.
Google pays about $920 million a month to rent computing power from SpaceX.
Based on reporting by The Next Web. Read the original article
