SpaceX Files For IPO, xAI Losses Loom Large

SpaceX dropped its S-1 prospectus with the SEC on May 20, targeting a Nasdaq listing under the ticker SPCX — and the numbers inside tell a story the company’s private backers have never had to reckon with publicly. Starlink is a machine. The AI bet attached to it is burning cash at a pace that […] The post SpaceX Files For IPO, xAI Losses Loom Large appeared first on the deep dive.