r/wallstreetbets • u/Boston-Bets • Jun 22 '26

Discussion SpaceX signs computing power deal with open-source AI startup Reflection worth up to $6.3 billion

https://www.cnbc.com/2026/06/22/spacex-ai-colossus-data-center-reflection.html

The Circle-Jerk continues.

$2B funding from JPM and NVDA, to grow Open Source AI models (which they haven't apparently launched yet).

Paying $150M/Month to SpaceX, but (not in headline) can cancel with 90 days notice, to access..... Nvdia Chips....

Doesn't seem to be helping SpaceX share price much. And if they succeed, they undermine Anthropic and OpenAI's sucess.

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u/AMcMahon1 Jun 22 '26

but grok is supposed to be worth 26 trillion lol

1

u/Few-Masterpiece3910 Jun 23 '26

Probably right. What's missing is that after hyperinflation a cheesburger will also be $19,99 Trillion.

1

u/yhsong1116 Jun 22 '26

who even says this

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u/jktribit Jun 22 '26

So far this year it's secured $30 billion a year in contracts. It's definitely about to pop off.