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 . …
Search
All sources
techcrunch.com
11
theverge.com
9
wired.com
5
9to5google.com
2
tomshardware.com
2
engadget.com
2
cnet.com
2
fudzilla.com
1
appleinsider.com
1
tomsguide.com
1
arstechnica.com
1
nextplatform.com
1
Top stories
OpenAI may go public as soon as September - Engadget
… If a filing does happen in the near future, the IPO could take place as soon as September. This is all according to a pair of company insiders who spoke to the paper. They said that OpenAI has been laying the groundwork for an IPO filing via discussions with Goldman Sachs and Morgan Stanley. …
Anthropic joins trillion-dollar IPO circus – Fudzilla.com
… Anthropic has not yet set a price target for the listing, but its backers expect the IPO to value it at more than $1 trillion. The company said the confidential filing “gives us the option to go public after the SEC completes its review. …
The SpaceX IPO filing is filled with AI bets, Starship dreams, and Elon Musk at the center | TechCrunch
… Per the filing, Musk will be the CEO, CTO, and chairman of the SpaceX board after the IPO. …
Anthropic eyes going public as it files official submission to SEC
… Other competitors to Anthropic’s Claude include Gemini, though Google is well beyond filing for an IPO. …
Musk’s xAI is being sued over its data center generators — now it’s buying $2.8B more | TechCrunch
… 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. …
ChatGPT Creator OpenAI Could Go Public Soon in Major Market Move
… Both Goldman Sachs and Morgan Stanley have been assisting OpenAI in drafting IPO documentation and may file it with regulators as soon as Friday, according to The Journal. On Monday, a jury dismissed all claims in Elon Musk's lawsuit against Altman , which paved the way for IPO talks. …
Anthropic Eyes an IPO as Big Tech's AI Cash Crunch Comes for Wall Street
… The company pulled its filing little more than a month later. …
Musk vs. Altman is here, and it’s going to get messy
… Any scandalous information about OpenAI’s C-suite could derail the IPO. Musk is also potentially vulnerable to mud-slinging. Musk’s SpaceX has filed confidentially for an IPO, which may happen as soon as June. …
Former OpenAI Staffers Warn That xAI’s Poor Safety Record Could Complicate SpaceX’s IPO
… Musk claimed his rocket company could launch data centers into space for his AI lab, but the letter's authors argue that xAI’s poor record on safety issues could complicate how investors view the combined company as it gets ready to submit its IPO prospectus filing. …