xAI burned $6.4B last year — SpaceX’s IPO filing shows why the spending is far from over | TechCrunch
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 . …
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 . …
… Lime’s IPO filing shows a company with growing revenue, but not yet profitability. …
… Per the filing, Musk will be the CEO, CTO, and chairman of the SpaceX board after the IPO. …
… Securities and Exchange Commission in preparation for an IPO. …
… SpaceX acknowledges the risks in its IPO filing. “We currently rely significantly on natural gas and gas turbine technology to power our data center operations,” it wrote. …
… In response to questions from TechCrunch, Deep Fission declined to comment, citing the quiet period before its IPO. Deep Fission’s new public offering on Nasdaq is following the more traditional IPO route, with an offering that would value the company at up to $1.66 billion. …
… The timing matters beyond Alphabet itself. As Anthropic gets ready to go public , this enormously successful stock sale is a very good sign for the broader AI IPO pipeline. …
SpaceX has lined up another compute deal ahead of its historic IPO, this time with Google. The company announced the deal in a regulatory filing on Friday . …
… This new IPO filing does the same and with a bit more detail. And now that Musk’s company xAI has merged with SpaceX, the IPO puts all of these transactions under one company. …
… Lime CEO Wayne Ting has been talking about an IPO for years. …