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Elon’s xAI Is Losing Staggering Amounts of Money

Joe Wilkins

created: Jan. 11, 2026, 1 p.m. | updated: Jan. 21, 2026, 12:59 p.m.

According to documents obtained by Bloomberg, xAI recorded a net loss of $1.46 billion over the third quarter of 2025. Every major AI company is currently losing money hand over fist on the tech. Like xAI, Tesla’s stuttering Optimus program is eons away from ever turning a profit — or even from hitting the market, for that matter. The financial news comes as xAI announces plans to build yet another massive data center, this time in Southaven, Mississippi. More on xAI: Elon Musk After His Grok AI Did Disgusting Things to Literal Children: “Way Funnier”

1 month ago: Futurism