SpaceX's $2 Trillion IPO Ambitions Revealed: Billions in AI Losses and a Compute Deal to Rival Google
SpaceX's IPO filing exposes massive losses in its AI division, with a staggering $6.36 billion deficit in 2025, while the company aims for a $2 trillion valuation. The filing also reveals a significant compute deal with Anthropic, worth $15 billion annually, as the company expands its data center operations.
SpaceX has filed for what could be the largest IPO ever, targeting a valuation of up to $2 trillion. The filing reveals xAI losses of $6.36 billion in 2025 and an Anthropic compute deal worth $15 billion per year. Elon Musk secures 85.1 percent of voting power through dual-class shares, effectively making him impossible to outvote. The article SpaceX IPO filing shows billions in AI losses, a $2 trillion valuation target, and turbine spending that signals more data center conflicts ahead appeared first on The Decoder.