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SpaceX Files for IPO

https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-05-20-2026

by ericmay • 2 months ago

9 1 2 months ago

WS

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doener• 2 months ago

"XAI, the artificial intelligence company Elon Musk created and recently merged into SpaceX, is not helping on that front. The filing shows SpaceX directed around 60% of its capital spending in 2025 to its AI division, or around $20 billion. And yet that division — which houses the chatbot Grok — lost billions last year, and only grew revenue by about 22%. That’s far below the reported revenue growth rates at frontier AI labs."

https://techcrunch.com/2026/05/20/the-spacex-ipo-filing-has-...

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