Interior view of a large AI data center with server racks and cooling systems, representing xAI's compute infrastructure for Grok.
AI News

SpaceX IPO Filing Reveals xAI Lost $6.4 Billion in 2025 — and the Spending Is Just Getting Started

Elon Musk’s artificial intelligence company xAI burned through $6.4 billion in operational losses last year on just $3.2 billion in revenue, according to confidential filings made public as part of SpaceX’s initial public offering. The numbers, revealed for the first time in audited financial documents, underscore the enormous cost of competing in the frontier AI […]