xAI burned $6.4B last year — SpaceX’s IPO filing shows why the spending is far from over
TechCrunch · Wed, 20 May 2026 22:26:08 GMT
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.