AI Compute Deal Ledger · Free Dataset · CC BY 4.0

Reflection AI: The AI Deal Record

Every Reflection AI deal in the ledger, with the source on every row. Binding base-term value: $6.3B. Snapshot disclosures (backlog restatements, order intake, program envelopes) are listed but never summed.

Binding value

$6.3B

1 binding deals, base terms

Binding capacity

·

contracted IT load with disclosed MW

Not binding

·

0 LOI / framework / reported

Deal by Deal

2026-06-22Binding↻ Circular

SpaceX (Provider) · Reflection AI (Buyer)

Value
up to $6.3B
Capacity / term
n/a · 3.5y
First revenue
2026-07

Reflection AI (open-source AI startup, ~$25B valuation) gets priority access to Nvidia Blackwell Ultra chips inside SpaceX's Colossus 2 (Memphis area). Flagged circular: Nvidia has an $800M strategic investment directly in Reflection AI, and Nvidia chips are the hardware being rented in this deal (Nvidia sits on both sides of the trade, per Tech Funding News' reporting), consistent with how the ledger flags Nvidia-adjacent circularity elsewhere. No GPU count or MW disclosed at signing, only the dollar ceiling and monthly rate; capacity.mw_it and chip_count left null rather than estimated.

Conditions: Fixed $150M/month subscription starting 2026-07-01 through end of 2029 ($150M x 42mo = $6.3B, the disclosed ceiling). Hybrid exit clause: either party can terminate with 90 days' notice after an initial three-month trial.

Part of the free AI Compute Deal Ledger by Regards of Wallstreet, licensed CC BY 4.0. Cite it, chart it, link it.