🚀 Elon Musk's xAI has burned through $8 billion in nine months: A high-stakes bet toward the pinnacle of AI
On the artificial intelligence front, Elon Musk once again demonstrates his 'spending speed.' According to newly disclosed financial documents, his AI startup xAI is pouring astronomical amounts of capital into building core infrastructure.
📊 Key financial figures for the first three quarters of 2025:
🔹 Cash outflow: xAI has consumed approximately $7.8 billion in cash during the first nine months of this year.
🔹 Losses expanding: Net loss in the third quarter rose to $1.46 billion (around $1 billion in the first quarter).
🔹 Revenue surge: Quarterly revenue reached $107 million as of September 30, 2025, doubling from the previous quarter.
🔹 Gross profit improvement: Gross profit soared from $14 million to $63 million during the same period.
💰 Where is the money going?
The massive expenditures are primarily directed toward building computing infrastructure. xAI is expanding its Colossus data center in Memphis, aiming to increase its power capacity to an astonishing 2 GW. Meanwhile, the company is aggressively purchasing top-tier Nvidia chips through a special structure involving institutional investors.
💡 Industry Insight:
Musk clearly aims to 'buy time with money.' Despite currently operating at massive losses, the explosive growth in revenue and improvement in gross profit indicate that xAI's commercialization path is accelerating. This strategy of building a moat through massive-scale computing power is designed to directly challenge the leadership positions of OpenAI and Google.
Do you think Musk's 'aggressive spending' model will ultimately win the AI race? Share your thoughts in the comments below! 👇
#xAI #马斯克 #人工智能 #英伟达 #Nvidia