Ahead of a planned June 12 listing, SpaceX disclosed updated details on its Anthropic compute arrangement that changed expectations for previously cited payments through May 2029. According to CNBC, Elon Musk described the deal as a 180-day lease followed by a cancellable 90-day notice structure, rather than a fixed long-term commitment. The filing also disclosed Q1 capital expenditures of $10.1 billion, including $7.7 billion tied to xAI, and a $2.5 billion AI operating loss, adding new financial context for investors assessing the company’s obligations and AI spending.