Isn't the SpaceX contract cancelable with 90 day notice? How many of the others are too?

dyslexit 5 hours ago | parent | next [-]

You're right, SpaceX will be cancelable within 90 days after March 2027.

SpaceX was the only one mentioned as cancelable. These are listed under "Infrastructure Service Arrangements" on page 170.

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ethagknight 4 hours ago | parent | prev | next [-]

all Anthropic contracts are cancelable if the intent is to stick public shareholders with a bag

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lumost 4 hours ago | parent | next [-]

I'd imagine all of the vendors have an incentive to keep their main customer a float, while there might be penalties etc. for missed targets - it doesn't make sense for any of these vendors to ride the contract into chapter 11.

	▲	runako 4 hours ago \| parent [-]
		This is so important in analyzing these commitments. Anthropic's commitments will make them a Top 10 customer at many of their vendors. (Even at Google/Amazon, how many other customers do they have with $100B+ committed?) Those vendors would very much like to retain as much of that business as possible. If the space goes sideways, I would very much expect some kind of renegotiation/work out.

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Mistletoe 4 hours ago | parent | prev | next [-]

This is always the intent for all recent IPOs I can remember.

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4 hours ago | parent | prev [-]

[deleted]

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solyin 4 hours ago | parent | prev [-]

The question is, how're those datacenters build outs coming along? two reasons for Anthropic to cancel those contracts. A) They don't need the capacity because they have capacity elsewhere, or b) they don't need the capacity because no one is using Claude. (I guess c) they don't need the capacity because theyre running Claude more efficiently is also technically possible.) For B to happen, they've got the demand in the form of contracts, and models don't really seem like they're shrinking, though there's a lot of non-public info, Astra > insize than sol, and Opus > insize than a Sonnet. So then we're looking at situation A), and the think to look at is SpaceX has the vertical integration to be able to plonk down datacenters and get them powered with literal jet/rocket engines/turbines that they make from scratch because they're a space rocket company when no on else can. So, personally, I don't think it's that big a risk to SpaceX's revenue. Or rather, is cancelable in 90 days, but smart money is going to see those cancelations coming from a lot longer away, if you're tracking datacenter construction. (Disclaimer, I picked up some SPCX; not financial advice, etc)

	▲	wbl an hour ago \| parent \| next [-]
		SpaceX does not make turbines that can run for tens of hours producing megawatts of power. A turbopump is a different beast.
	▲	chrisweekly an hour ago \| parent \| prev [-]
		> "SpaceX has the vertical integration to be able to plonk down datacenters and get them powered with literal jet/rocket engines/turbines that they make from scratch" Is that really a viable path? (Honest question)