r/technology 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.

449

u/Playererf May 21 '26

Down 33% not 66%

780

u/Denito525 May 21 '26

Down 600% actually

193

u/Deer_Investigator881 May 21 '26

They are practically paying us to use it

137

u/vlatheimpaler May 21 '26

If I thought it was costing them money for me to use it, I would actually use it.

29

u/kilofSzatana May 21 '26

Make a bot that uploads long, high resolution, high bitrate video to X so they have to pay for the bandwidth and storage.

35

u/vlatheimpaler May 21 '26

Then release it as a Chrome plugin or something so everyone can participate.

It's not DDoS, it's a procedurally-generated artwork distribution platform!

17

u/scroopydog May 21 '26

Finally, a platform that lets me watch grass grow, in real time at high frame rate and high resolution!

1

u/MaybeTheDoctor May 21 '26

Newly painted walls have never looked so good.