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The SpaceX IPO filing has arrived

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

by doener • 2 months ago

5 2 2 months ago

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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."

Rover222• 2 months ago

The entire Starship program has *only cost 15 billion so far.

Anthropic using their spare Colossus 1 and 2 capacity will help a lot with this money hole.

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