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' ...