SpaceX Signs Computing Deal with Reflection AI for up to $6.3 Billion

By EC Assets · Published 22 June 2026

SpaceX has reportedly secured a computing power agreement with Reflection AI. The deal is valued at up to $6.3 billion. Investing.com reported on June 22, 2026, that SpaceX entered into this computing power agreement. CNBC also reported that SpaceX signed a computing power deal with open-source AI startup Reflection worth up to $6.3 billion. This agreement follows recent market activity for SpaceX. The company's stock fell 9%, pacing for a third consecutive day of losses after its initial public offering (IPO) start. SpaceX stock also fell 10%, . The average SpaceX buyer post-IPO is almost underwater after a two-day slide. SpaceX made a bond sale days after a record IPO. The company disclosed over a $100 billion cash pile around that time. MarketWatch reported that Elon Musk's company is turning to the bond market less than two weeks after its IPO. SpaceX reportedly needs to raise more cash and its stock is falling 10%. The IPO had seen SpaceX's valuation rip past $2.5 trillion. Global communications and AI data processing, both via satellites, are expected to be important themes for many years. These themes are prominent in the wake of the SpaceX IPO. This article is intended for informational purposes only. It does not constitute investment advice.