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SpaceX's $2 Trillion Pitch Has an 11-Day Problem
Three competitors shipped enterprise AI agent platforms in the eleven days since SpaceX filed its S-1. The roadshow pitch for xAI's valuation just got a lot harder.
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SpaceX Wants $2 Trillion for xAI. Everyone Who Built xAI Already Left.
SpaceX files for the largest IPO in history with xAI baked into a $2 trillion valuation. The financials: $107M revenue, $1.4B in quarterly losses, 80x forward multiples. Every original co-founder already walked.