Why Musk’s SpaceX mega-merger is a mega-bailout
Bloomberg Technology·2026-02-06 18:07

Elon has actually always hated running a public company. He hates quarterly earnings calls. A lot of disclosure like, yeah, this is really like a financial play more than anything else.xAI is losing, according to Bloomberg's reporting. And, you know, other other reporting backs up as well. A huge amount of money.I think we've said billion a month. Why are they losing so much money. Well, every air play is losing huge amounts of money because building these models requires you to build giant chips.And there' ...

Why Musk’s SpaceX mega-merger is a mega-bailout - Reportify