In its IPO prospectus filed Monday, Anthropic said it agreed to spend up to $120.5 billion under its SpaceXAI arrangements through 2029, roughly $3.1 billion per month once all capacity is delivered, which it expects in December 2026. The arrangements can be cancelled on 90 days' notice. CFO Bret Johnsen said new compute deployments pay back in less than a year at current pricing, which is tracking slightly above the high end of the $30 to $50 per watt range. Johnsen expects SpaceX to reach $100 billion in ARR by year-end, while Elon Musk sees ARR reaching between $500 billion and $1 trillion by the end of 2027. Musk also confirmed a $40 billion deal for Nvidia chips leased from Apollo Global, and argues SpaceX has an advantage over smaller neocloud providers due to its credit rating and revenue from Starlink and launches.
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IPOAnthropicSpaceXdata centersNVDA
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Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/23/2026 | 211.00 |
| Change that session | -0.57% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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