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Elon Musk’s xAI is draining SpaceX’s cash, with little to show for it

MarketWatch · May 21, 2026, 7:26 PM · Also reported by 4 other sources

SpaceX’s AI division, which houses the Grok platform, generated $818 million of revenue in its last quarter, resulting in an operating loss of $2.47 billion.

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Elon Musk’s xAI is draining SpaceX’s cash, with little to show for it

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