xAI burned $6.4B final yr — SpaceX’s IPO submitting exhibits why the spending is much from over
Elon Musk’s xAI misplaced $6.4 billion from operations on simply $3.2 billion in income in 2025, in keeping with SpaceX’s IPO filings. And the losses are poised to develop. SpaceX’s submitting reveals plans to scale Grok to “a number of trillions of parameters,” a dramatic increase that can probably require vital further compute spend. Elon…