xAI Incurs $6.4B Loss Amid Expansion Plans Revealed by SpaceX IPO Filing

Elon Musk's xAI reported a $6.4 billion loss in 2025 on just $3.2 billion in revenue, according to SpaceX’s IPO filing. The company plans significant expansion of its AI model Grok, which is expected to increase spending further.

By Rebecca Bellan Thu, May 21, 2026 at 1:26 AM GMT+3 3 min read · Yahoo Finance · May 20, 2026, 22:26 UTC

xAI Incurs $6.4B Loss Amid Expansion Plans Revealed by SpaceX IPO Filing

Topics: AI IPO filing losses revenue spacex xai

Read the full article at Yahoo Finance

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