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Reflection AI to pay ₹1,420 crore/month to SpaceX for using its own investor's chips
short by Ashley Paul / on Tuesday, 23 June, 2026
Nvidia-backed Reflection AI signed a multi-year contract with Elon Musk-led SpaceX, promising to pay $1.8 billion (₹17,000 crore) annually to use SpaceX's Colossus 2 data centre till 2029. Reflection will pay $150 million/month (₹1,420 crore) to essentially use the data centre, which is powered by its own investor Nvidia's chips. Either party can terminate the contract with 90 days' notice.
read more at Moneycontrol