SpaceX Posted Nearly $5 Billion Loss Last Year from AI Spending

https://www.theinformation.com/org-charts/spacex-xai">SpaceX lost just under $5 billion last year while generating more than $18.5 billion in revenue, two people familiar with the figures said.

The loss figure includes xAI, the Elon Musk-founded artificial intelligence company that SpaceX acquired in February.

The net loss, as well as other financial figures that consolidate SpaceX and xAI’s performance, haven’t been previously reported.