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SpaceX prospectus shows consolidated financials for SpaceX, xAI and Starlink: xAI operating loss widened to $6.4 billion last year from $1.56 billion in 2024 and $3.97 billion in 2023; cash and equivalents rose to $24.8 billion at end-2025 from $11.4

2026-04-21

SpaceX prospectus shows consolidated financials for SpaceX, xAI and Starlink: xAI operating loss widened to $6.4 billion last year from $1.56 billion in 2024 and $3.97 billion in 2023; cash and equivalents rose to $24.8 billion at end-2025 from $11.4 billion in 2024; total assets reached $92 billion and liabilities $50.8 billion; Starlink operating income jumped to $4.42 billion from $2 billion in 2024 and $469 million in 2023; Elon Musk and insiders will retain voting control post-IPO via a dual-class structure.

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