SpaceX AI Segment Reports $6.4 Billion Operating Loss in 2025
SpaceX recorded a $6.4 billion operating loss in its AI segment for 2025, up from $1.6 billion the prior year. The company disclosed the figures in an IPO fact sheet that also outlined plans for gigawatt-scale AI infrastructure.
BenzingaSpaceX reported an operating loss of $6.4 billion for its AI segment in 2025, compared with a $1.6 billion loss in 2024. Segment-adjusted EBITDA moved to a $1.2 billion loss from a $300 million gain the previous year. The company attributed the widening deficit to continued spending on large-scale computing facilities.
The IPO fact sheet described the investment as part of an effort to build gigawatt-scale AI infrastructure.
The filing noted that SpaceX is directing capital toward data-center capacity while other firms focus on chip supply and model development. No revenue figures for the AI segment were included in the released materials. The company stated that the losses reflect an investment approach rather than an operational shortfall.
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