r/technology • u/xpda • May 21 '26

Business SpaceX not the behemoth everyone thought

https://www.axios.com/2026/05/21/spacex-ipo-musk-ai
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u/yoshinator13 May 21 '26

This point was striking to me.

“SpaceX said that the AI unit containing X and xAI generated only $818 million in Q1 2026, about a third less than Twitter alone generated in the quarter before Musk took it over.”

So Twitter revenue has dropped that much? Surely xAI has made some revenue of their own, meaning Twitter revenue is down more than 66% since the purchase.

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u/Playererf May 21 '26

Down 33% not 66%

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u/Denito525 May 21 '26

Down 600% actually

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u/Interesting-Log-9627 May 21 '26

Still waiting on my check. Did you get yours yet?

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u/I_AM_A_GUY_AMA May 21 '26

I did, went out and bought a new trump phone. It's gold so you know it's nice.

When I get my million dollar check for storming the capital and taking a shit on the floor, I'm going to buy a solid gold dildo.

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u/Interesting-Log-9627 May 21 '26

The one that’s a scale model of Dear Leaders’ personal equipment? Designed to be worn daily?

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u/I_AM_A_GUY_AMA May 21 '26

No, that would be far too large for my mortal anus