Google and SpaceX continue deepening ties through a major terrestrial AI compute deal and a shared October 2026 launch of Google’s Project Suncatcher prototype satellite carrying four TPUs to test orbital machine learning infrastructure. SpaceX’s broader Starmind plans for up to a million AI satellites and reported discussions on orbital partnerships provide additional backdrop, yet no official agreement covering launches, joint development, or operations of space-based data centers has been announced. Traders are watching for formal statements around laser communications tests planned for 2027, regulatory filings for large constellations, or expanded Starlink integration that could confirm a binding partnership before key resolution deadlines.