SpaceX S-1: xAI had a $6.4B operating loss on $3.2B in revenue in 2025; Grok and X had 550M MAUs combined as of March 2026, and 117M used Grok's AI features (Rebecca Bellan/TechCrunch)
SpaceX's S-1 filing reveals xAI burned $6.4B operating against $3.2B revenue in 2025, with Grok and X reaching 550M combined MAUs and 117M using AI features as of March 2026.
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<a href="https://techcrunch.com/2026/05/20/xai-burned-6-4b-last-year-spacexs-ipo-filing-shows-why-the-spending-is-far-from-over/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260520/i50.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260520/p50#a260520p50" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Rebecca Bellan / <a href="http://techcrunch.com/">TechCrunch</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://techcrunch.com/2026/05/20/xai-burned-6-4b-last-year-spacexs-ipo-filing-shows-why-the-spending-is-far-from-over/">SpaceX S-1: xAI had a $6.4B operating loss on $3.2B in revenue in 2025; Grok and X had 550M MAUs combined as of March 2026, and 117M used Grok's AI features</a></b></span> — 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.</p>
Read at source: https://www.techmeme.com/260520/p50#a260520p50