The S-1 says the SpaceXAI arrangements amount to approximately $3.1 billion per month once all capacity has been delivered, which Anthropic expects in December 2026, and that after initial non-cancelable periods ending in January 2027 and March 2027 each agreement may be cancelled by either party on 90 days' written notice.

The exact words it rests on

consisting of approximately $3.1 billion in the aggregate per month once all capacity has been delivered, which we expect in December 2026 ... Following initial non- cancelable periods ending in January 2027 and March 2027 under the respective agreements, each agreement may be cancelled by either party upon 90 days advance written notice.

What the source said when we opened it, on 27 Oct 2026.

The source

Anthropic, PBC Form S-1 registration statement
U.S. Securities and Exchange Commission · 2026-10-26

Open the sourcearchived copy

Checked

Checked by the notis newsroom on 27 Oct 2026, against the source above.

In the story

Anthropic's S-1 lists compute commitments it must generally pay whatever its revenue 27 Oct 2026