SpaceX’s IPO filing disclosed that X has around 550 million monthly active users.

Topline SpaceX’s IPO filing disclosed that X has around 550 million monthly active users, and a fifth of them use xAI’s chatbot Grok’s features, as the company also acknowledged the potential reputational and legal risks posed by the AI tool’s “spicy” mode, including “nonconsensual or exploitative imagery” and misinformation. Key Facts What Did The Filing Say About Risks Linked To X And Grok? The filing notes that the company’s social media platform and AI tools come with a variety of risks, including illegal content, misinformation, deepfakes, defamation, data privacy, among several other things. The filing particularly highlights Grok’s “Spicy” Imagine Mode and “Unhinged” Voice Mode—which come with fewer safety guardrails and have been subject to controversy and legal probes. According to the company, these modes present heightened risks, including reputational harm, “the generation of potentially explicit content and misinformation or deceptive outputs, potential nonconsensual or exploitative imagery.” The company didn’t specify an estimated cost burden for these risks, but noted elsewhere in the filing that $530 million has been set aside for “litigation losses that are probable and reasonably estimable.” What Did We Learn About Xai’s Financials? SpaceX acquired xAI—which is also the parent company of the social platform X—in February. The filing highlights the steep cost of running the company’s new AI unit. In 2025, xAI accrued a loss of $6.35 billion from operations on $3.2 billion in revenue. In the first three months of 2026, the AI division generated revenue of $818 million and a $2.47 billion loss from operations. The filing notes that SpaceX will continue to “prioritize growth and investment,” in xAI and shows that capital investment it the artificial intelligence company soared to $12.7 billion last year, up from $4.2 billion in 2024. In the first three months of 2026, the AI division’s capital expenditure sits at $7.7 billion, putting it on track to blow past last year. Tangent Earlier this year, Grok courted major controversy after its image generation tool was used to produce and share non-consensual AI-altered explicit images of real people and sexualized images of children. As a result of this, California Attorney General Rob Bonta announced his office had opened an investigation into X over the “proliferation of nonconsensual sexually explicit material produced using Grok.” The state attorney general accused Musk’s xAI of “facilitating the large-scale production of deepfake nonconsensual intimate images that are being used to harass women and girls across the internet.” A few weeks later, the Paris Public Prosecutors' office said its cybercrime unit conducted a raid on X’s French headquarters. The agency was already investigating X after receiving complaints about the platform’s algorithm, but said it expanded the probe to cover complaints about Grok and its “dissemination of Holocaust denial content and sexually explicit deepfakes.” In response to the complaints, X announced it was restricting Grok from creating images of real people in revealing clothing. Further Reading

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