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Business & Enterprise

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

TechCrunchPublished May 20, 2026

xAI, Elon Musk's AI company, spent $6.4 billion in 2023 according to SpaceX's IPO filing, indicating continued heavy investment in AI development and related ventures.

#ai-investment #elon-musk #ipo-filing #spacex #xai

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