Musk’s xAI Loses $1.46 Billion in Q3 as AI Startup Burns Through Cash Reserves

TLDR Elon Musk’s xAI suffered a $1.46 billion quarterly loss in Q3 2025, higher than the $1 billion Q1 loss The company spent $7.8 billion of its raised capital in the first three quarters of 2025 Quarterly revenue doubled to $107 million, but full-year revenue may fall short of the $500 million goal A $20 [...]

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