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Today — 21 May 2026Main stream

TechCrunch
xAI burned $6.4B last year — SpaceX’s IPO filing shows why the spending is far from over 21 May 2026 at 02:26

xAI burned $6.4B last year — SpaceX’s IPO filing shows why the spending is far from over

21 May 2026 at 02:26

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 about his ambitions.

TechCrunch
Musk’s xAI is being sued over its data center generators — now it’s buying $2.8B more 21 May 2026 at 01:55

Musk’s xAI is being sued over its data center generators — now it’s buying $2.8B more

TechCrunch

By:Tim De Chant

21 May 2026 at 01:55

Elon Musk's xAI said it will buy $2.8 billion worth of natural gas turbines over the next three years, according to SpaceX's IPO filing.