xAI burned $6.4B last year — SpaceX’s IPO filing shows why the spending is far from over
Via TechCrunch AI
Wednesday, May 20, 2026 · 10:26PM
Summary
SpaceX's IPO filing reveals xAI lost $6.4 billion in 2025 while planning a massive Grok expansion — offering the first public look at Elon Musk's AI financials and more details about his ambitions.