xAI Lost $6.4B, SpaceX IPO Filing Reveals

SpaceX's initial public offering filing has disclosed that Elon Musk's artificial intelligence venture, xAI, incurred a substantial loss of $6.4 billion during the 2025 fiscal year. This significant expenditure is attributed to aggressive expansion plans for its Grok AI model. The filing provides the first public insight into the financial operations and ambitious goals of Musk's AI endeavors, highlighting the considerable investment required to scale these advanced technologies. The spending is expected to continue as xAI pursues its growth trajectory in the competitive AI landscape.