Musk’s xAI burns $1bn a month as funding race heats up and revenue struggles

Musk’s xAI burns $1bn a month as funding race heats up and revenue struggles

Elon Musk’s xAI burns $1B monthly, raising billions as it struggles to match rivals' AI revenue growth.
Published on

Key topics:

  • xAI is burning $1bn monthly, with 2025 losses expected to hit $13bn

  • Musk's startup seeks $9.3bn in new funding to cover soaring AI costs

  • xAI revenue lags peers, projecting $500m in 2025 vs. OpenAI’s $12.7bn

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By Carmen Arroyo and Jill R. Shah

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