SpaceX reveals $13B in losses ahead of IPO, and xAI is the reason
SpaceX has reported $13 billion in cumulative losses as it prepares for its IPO. The losses are primarily attributed to accounting issues stemming from the acquisition of Elon Musk's AI venture, xAI. In the first quarter of 2026 alone, SpaceX incurred $4.3 billion in losses, averaging about $47 million per day.
- ▪SpaceX disclosed $13 billion in cumulative losses since 2023.
- ▪The company reported $4.3 billion in losses during the first quarter of 2026.
- ▪These losses are largely due to accounting adjustments related to the acquisition of xAI.
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SpaceX reveals $13B in losses ahead of IPO, and xAI is the reason Elon Musk's rocket company posted $4.3 billion in losses in just the first quarter of 2026, largely driven by accounting fallout from acquiring his own AI venture. Share Add us on Google by Editorial Team May. 20, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); SpaceX disclosed $13 billion in cumulative losses since 2023, a staggering number that lands right as it…
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