Anthropic Discloses up to $84.5 Billion in SpaceX Compute Agreements

Anthropic has entered agreements to pay SpaceX up to $84.5 billion for Nvidia-based computing capacity through 2029, as revealed in a confidential IPO prospectus reported by Reuters. Financial disclosures show annual revenue surged twelve-fold in 2025, rising from $386 million in 2024 to nearly $4.6 billion. While reporting a $42 billion GAAP net loss, approximately $34 billion of this amount is a non-cash accounting charge related to previous fundraising rounds. Most SpaceX agreements allow cancellation with 90-day notice.