Elon Musk’s xAI lost $6.4 billion from operations on just $3.2 billion in revenue in 2025, according to SpaceX’s IPO filings . And the losses are poised to grow…
…one outlined in the December filing with the SEC. Its timeline for turning on its first reactor has slipped. Further, back in December, it had hoped to achieve criticality — the point at…
…Details of the transaction emerged from SpaceX’s S-1 filing with the SEC. The deal, the company said, “allows us to monetize unused compute capacity in our infrastructure.” The terms of…
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