SpaceX has reportedly awarded Foxconn part of a $52 billion order for approximately 13,000 NVIDIA GB300 AI server racks, with shipments expected to begin in the fourth quarter of 2026 and continue through the first quarter of 2027. The report was published on 19/07.

The report, citing a Taiwan-based publication, said each AI server rack is valued at around $4 million, bringing the total order to about $52 billion. It also stated that the order covers approximately 936,000 NVIDIA GPUs.

Foxconn Gains a Major AI Server Opportunity

According to the report, it remains unclear whether Foxconn will supply the entire order or whether SpaceX will divide the procurement among other rack assemblers.

The report added that Foxconn expects to capture around 40% of the global AI server market by the end of 2026. It also said the reported SpaceX order is not included in that projection, indicating potential upside to the company's expectations.

The report further stated that the deal enables Foxconn to break through the Dell and Supermicro duopoly in the AI server market.

SpaceX Expands AI Computing Capacity

The report said that, as of May 2026, SpaceX's Colossus 1 data center supported more than 220,000 NVIDIA GPUs, including H100, H200, and around 30,000 GB200 AI accelerators.

It also stated that the Colossus 2 data center currently operates more than 550,000 GPUs, consisting of GB200 and GB300 accelerators.

According to the report, before its planned IPO, SpaceX signed a Cloud Service Agreement with Google that provides computing capacity equivalent to 110,000 NVIDIA GPUs, CPUs, memory, and related components for $920 million per month.

The report also said SpaceX signed a similar agreement with Anthropic, providing access to 220,000 NVIDIA GPUs, including H100, H200, GB200, and other accelerators, for $1.25 billion per month, or $15 billion per year.

Existing Compute Agreements Support Colossus Data Centers

According to the report, the Anthropic agreement is tied to the Colossus 1 data center, where a combination of GPU models makes the facility less suitable for training future versions of Grok AI. The report added that xAI currently uses 11% of the total available FLOPs at the site.

The report stated that the Google agreement is primarily linked to the Colossus 2 data center.

It also noted that SpaceX signed another $6.3 billion compute agreement with Pentagon-linked Reflection for the Colossus 2 data center in June 2026.

Elon Musk Denies the Report

After the report was published, Elon Musk denied the claims, calling the report fake news.

The source article noted that this is not the first time Musk has denied a report of this nature. It added that it remains uncertain whether the reported plans will ultimately be implemented.

The report also stated that SpaceX appears to have moved away from Supermicro and is now favoring Foxconn as its preferred server manufacturer.

PHOTO: NVIDIA

This article was created with AI assistance.

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