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Elon Musk's xAI lost $6.4B on $3.2B revenue in 2025, with plans to scale AI and increase spending.

Market News
20 May 2026
TechCrunch
View Source
Neutral
Elon Musk's xAI lost $6.4B on $3.2B revenue in 2025, with plans to scale AI and increase spending.

Elon Musk's AI company xAI, merged with SpaceX, reported a $6.4 billion loss on $3.2 billion revenue in 2025, showing widening losses despite growing revenue. The company plans to scale its AI model Grok to multiple trillions of parameters, requiring significant investment in computing infrastructure. SpaceX aims to deploy orbital AI data centers by 2028 to reduce costs, marking an ambitious push in AI development. This IPO filing reveals xAI's financials and Musk's vision to dominate AI with massive compute power and vertical integration.

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Solana (SOL) trades near $121 with mixed signals; 55% chance to rise to $130, 45% chance to drop to $116.

Solana (SOL) trades near $121 with mixed signals; 55% chance to rise to $130, 45% chance to drop to $116.

Solana (SOL) traded around $121.44, moving within a narrow range and showing all major moving averages below the current price, suggesting upward momentum. Resistance lies between $122.49 and $123.53, with support at $120.20 and $118.95. Derivatives ...

Technical Signals
Neutral
4 hours ago
SUI rises 4.43% to $1.23, eyeing $1.27 resistance amid bullish signals and $1 trillion stablecoin transfers.

SUI rises 4.43% to $1.23, eyeing $1.27 resistance amid bullish signals and $1 trillion stablecoin transfers.

SUI token increased by 4.43% to $1.23, approaching a key resistance level at $1.27 that could confirm a bullish breakout if surpassed. The rise follows plans by Mysten Labs co-founder to position SUI as a payment infrastructure, aiming to replace SWI...

Technical Signals
Bullish
4 hours ago
Oshkosh Corp upgraded to 'Strong Buy' with 30%+ annual upside potential by 2028.

Oshkosh Corp upgraded to 'Strong Buy' with 30%+ annual upside potential by 2028.

Oshkosh Corporation has been upgraded to a 'Strong Buy' due to its deep undervaluation and strong revenue growth prospects. Despite recent share price declines and mixed earnings results, management projects adjusted earnings per share of $18–$22 by ...

Analyst Insights
Bullish
4 hours ago
TRON's TRX holds steady near $0.335 amid stablecoin dominance and upcoming US economic data.

TRON's TRX holds steady near $0.335 amid stablecoin dominance and upcoming US economic data.

TRON's TRX token traded around $0.335 on October 5, maintaining a tight range throughout September. The TRON network supports about $95.8 billion in stablecoins, significantly larger than TRX's circulating value of $31.8 billion. The Canary Staked TR...

Protocol Fundamentals
Neutral
4 hours ago
Cardano (ADA) price set to rise modestly by 5.6% to $0.286 by October 31, 2026, says AI forecast.

Cardano (ADA) price set to rise modestly by 5.6% to $0.286 by October 31, 2026, says AI forecast.

Finbold's AI-driven machine learning models predict that Cardano (ADA) will continue its upward trend but at a slower pace, rising about 5.62% to $0.286 by October 31, 2026. Among five AI models, Google's Gemini is the most optimistic, forecasting a ...

Technical Signals
Bullish
4 hours ago
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