Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust. In brief: Elon Musk's artificial intelligence startup, xAI, is burning through cash at an astounding rate. According to a new report, the company expects to spend at least $13 billion throughout all of 2025, equivalent to just over $1 billion every month. Musk, of course, has called the report "nonsense." Citing the usual anonymous people familiar with the matter, Bloomberg writes that the $500 million that xAI will earn this year looks positively tiny next to the $13 billion it plans to spend. The company is also expecting to receive a $650 million rebate from a hardware manufacturer. The publication also claims that of the $14 billion xAI has raised since 2023, only $4 billion remained in the first quarter of 2025, and it will be almost depleted in Q2. xAI has told investors that it is now finalizing $4.3 billion in new equity funding, and it has plans to raise another $6.4 billion of capital next year. That's on top of the $5 billion in debt that Morgan Stanley is reportedly helping it to raise. The sources said that the corporate debt is expected to help pay for xAI's data center development. Elon Musk is super human. What would take everyone else a year, only took him 19 days. pic.twitter.com/q51sM48lsu