2026 – Page 607 – Ayen News

SpaceX AI Segment xAI Posted 6.36 Billion Dollar Operating Loss in 2025 on 3.2 Billion in Revenue

The xAI segment which includes X recorded a widening operating loss in 2025 but also showed significant revenue growth of 22%.

SpaceX’s IPO filing revealed X’s advertising revenue had declined to 1.8 billion dollars compared to 4.5 billion in 2021 under Twitter.

Research firm Morningstar raised questions about SpaceX’s valuation citing the gap between the company’s current revenues and its market cap.

Google co-founder Larry Page is the closest rival to Musk but his 296 billion dollar fortune falls far short of the new trillion-dollar mark.

In a major move to attract foreign investment India fully removed capital gains tax on income from government security holdings for FPIs.

The US government chartered a yacht at enormous cost to rescue a single citizen stranded on a remote Pacific island amid a hantavirus outbreak.

An explosion at the Vizag Steel Plant caused the death of nine workers sparking calls for accountability from political leaders.

Enterprise customers can now deploy OpenAI technology through existing Oracle Universal Credits without a new vendor relationship.

The IPO of SpaceX which also includes the xAI segment was celebrated as the culmination of a 24-year journey from a small El Segundo warehouse.

The NEET undergraduate medical exam was cancelled after paper leak claims surfaced prompting a Central Bureau of Investigation probe.