xAI burned $6.4B last year. SpaceX’s IPO filing shows why the spending is far from over
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.
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.
This article was originally published at: https://techcrunch.com/2026/05/20/xai-burned-6-4b-last-ye...