#SpaceX’s #IPO filing reveals that #xAI, #ElonMusk’s #AI company, lost $6.4 billion in 2025 on $3.2 billion in revenue. Despite significant losses, SpaceX plans to scale #Grok, its #AImodel, to “multiple trillions of parameters,” requiring further investment in #computeinfrastructure. https://techcrunch.com/2026/05/20/xai-burned-6-4b-last-year-spacexs-ipo-filing-shows-why-the-spending-is-far-from-over/?eicker.news #tech #media #news
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