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// tag: funding
elon built xai to beat anthropic. anthropic is paying xai $1.25 billion a month.
SpaceX's S-1 revealed xAI lost $2.4B in Q1 2026 — buried in the filing: a $1.25B/month compute deal with the company Musk built xAI to beat.
anthropic just lapped openai on valuation and it's filing for an IPO
A $65B Series H puts Anthropic at $965B — past OpenAI's $852B — with a confidential S-1 already at the SEC.

