SpaceX filing: X's ad revenue was $1.8B in 2025, $1.7B in 2024, and $2.3B in 2023, below Twitter's $4B in 2021; X and Grok now have 6.3M active paid subscribers
SpaceX's IPO filing reveals ad revenue for X is still below what it was when Musk acquired Twitter, but it is growing again.
Filing: SpaceX reports 2025 revenue up 33% YoY to $18.7B, a loss of $4.9B, down from a $791M profit in 2024, and $20.7B in capital expenditures, up from $11.2B
Mr. Musk's rocket and satellite maker disclosed its financial performance as it prepares to go public in what is set to be one of the largest offerings to date.
Musk v. Altman: in closing arguments, Musk's attorney doubled down on claims of Altman's untrustworthiness, while OpenAI's lawyer said Musk has no evidence
Lawyers for Elon Musk and OpenAI made their final arguments Thursday in the landmark trial whose outcome could shape the future of artificial intelligence.
Musk v. Altman: Stuart Russell, Musk's only AI expert witness, warned of AI risks but his concerns about AI's existential threats were excluded by the judge
Tim Fernholz /TechCrunch:
xAI launches Grok 4.3, featuring “always-on reasoning”, 1M token context window, and low API pricing, and releases a voice cloning suite called Custom Voices
While Elon Musk faces off against his former colleague and OpenAI co-founder Sam Altman in court, Musk's rival firm xAI …
xAI launches Grok 4.3, featuring “always-on reasoning”, 1M token context window, and low API pricing, and releases a voice cloning suite called Custom Voices
While Elon Musk faces off against his former colleague and OpenAI co-founder Sam Altman in court, Musk's rival firm xAI …
Musk v. Altman: OpenAI lawyers claim Shivon Zilis, a longtime Musk employee and mother to four of his children, acted as a covert liaison between him and OpenAI
Musk v. Altman: the judge told Musk's lawyer she did not want talk of AI's existential threat to seep into the trial, and to focus instead on facts about OpenAI
OpenAI's lawyer piped up and both him and Musk's counsel started raising their voices until the judge said they all need to shut up nothing like being dressed down as an adultRat King /@mikeisaac:judg...
Musk v. Altman: when asked whether xAI has distilled OpenAI models, Elon Musk says the claim is “partly” true
While answering questions under oath, Musk argued it's standard practice for AI labs to use their competitors' models. — While testifying on Thursday in federal court …
Musk v. Altman: the judge told Musk's lawyer she did not want talk of AI's existential threat seeping into the trial, focusing instead on OpenAI's founding
OpenAI's lawyer piped up and both him and Musk's counsel started raising their voices until the judge said they all need to shut up nothing like being dressed down as an adultRat King /@mikeisaac:judg...