Elon Musk's xAI reported a $6.4 billion operational loss in 2025, with SpaceX's IPO filings revealing plans to scale Grok, necessitating substantial additional compute investments.

SpaceX's IPO filing reveals xAI lost $6.4 billion in 2025 while planning a massive Grok expansion — offering the first public look at Elon Musk's AI financials and more details…

SpaceX disclosed $13 billion in losses since 2023, with $4.3B in Q1 2026 alone, largely driven by accounting impacts from acquiring Elon Musk's xAI venture.