Space Exploration Technologies (NasdaqGS:SPCX) has secured AI infrastructure agreements with Google totaling US$920 million per month, and Anthropic has entered a separate AI infrastructure contract with SpaceX valued at US$1.25b per month. These multi billion dollar deals position SpaceX as a major hyperscale AI data center provider alongside its existing space and satellite operations. The size and recurring nature of the agreements give NasdaqGS:SPCX a clearer presence in the global AI infrastructure economy and place the company in more direct competition with established cloud providers. At US$160.95, SPCX trades about 2% below the US$164 analyst target, and Simply Wall St flags SPCX as trading about 45% below its estimated fair value.