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

Economy MarketWatch By William Gavin 21 May 2026 19:26 1 min read
Elon Musk’s xAI is draining SpaceX’s cash, with little to show for it

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.

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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