Pre-IPO SpaceX performance exposed, nearly $5 billion loss in 2025 due to xAI drag

2026-04-10 08:48:53

According to sources, the space exploration technology company SpaceX, which is set to go public this year, is projected to have annual revenue exceeding $18.5 billion in 2025, but losses will approach $5 billion. These financial figures actually include the revenue of Elon Musk’s AI startup xAI, as SpaceX acquired the company in February of this year. Previously, SpaceX invested heavily in chips and data centers to support the xAI project, resulting in capital expenditures for that division nearing $13 billion. (Cailian Press)

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