2026-01-09
xAI's biggest use of cash is CapEx, depreciated over a 5-7 year period, so they'd have to be incinerating so much money if the bottom line looks like that in a single q [embedded post]
Bloomberg
Docs: xAI had a net loss of $1.46B in Q3, up from $1B in Q1; sources: xAI told investors it plans to build AI that will eventually power Optimus humanoid robots
Elon Musk's artificial intelligence startup xAI is burning cash quickly, with losses mounting as it spends to build data centers …
xAI's biggest use of cash is CapEx, depreciated over a 5-7 year period, so they'd have to be incinerating so much money if the bottom line looks like that in a single q [embedded post]
The Guardian
Filings: X's UK revenue fell 58.3% YoY from £69.1M in 2023 to £28.9M in 2024; pre-tax profit fell from £8.5M in 2022 and £2.2M in 2023 to £767K in 2024
Elon Musk-owned site reports plunging profits amid outcry over use of AI tool Grok to create sexually explicit imageryForums:r/PoliticalOptimismForums:r/PoliticalOptimism:X UK reve...
2025-11-02
Aaron is a goddamned hero. Earnest, probing, curious and intense. I've learned a ton from him over the years and I'm sure he has legitimate gripes with how this story turned out (he always does) but it in total paints a picture of a man on a righteous mission — www.nytimes.com/2025/10/31/b... …
New York Times
A profile of Aaron Greenspan, who has spent years on a crusade to expose what he believes are financial problems at Tesla and at big tech companies
www.nytimes.com/2025/10/31/b... … Noam Scheiber / @noamscheiber : I have a profile up today of the transparency activist and Tesla skeptic Aaron Greenspan, who's unearthed lots o...
2025-01-25
The context missing here is that they are barely breaking even *before* debt payments, which means cash burn is likely north of 1.2 billion annually — (lol and lmao) [embedded post]
Wall Street Journal
In email to X staff, Musk says “user growth is stagnant, revenue is unimpressive, and we're barely breaking even”; sources: banks plan to sell their debt in X
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar — Wall Street banks are getting ready …