SpaceX CEO Elon Musk announced via X that the company is hiring engineers for SpaceXAI. SpaceXAI is the new name for xAI, Musk’s AI company, which was recently merged with SpaceX.
Musk said that the company is looking for “world-class engineers and physicists,” and that the applicants don’t need to have prior experience in AI. “SpaceX is actively hiring world-class engineers/physicists for SpaceXAI, even if you have zero prior experience in AI. Smart humans figure it out fast. Please send an email with ~3 bullet points demonstrating evidence of exceptional ability to ai_eng@spacex.com,” he wrote.
READ: SpaceX to pursue ‘one of the largest’ IPOs in 2026 (December 10, 2025)
This comes ahead of SpaceX’s upcoming IPO that could potentially make Musk — who is also the world’s richest person — a trillionaire. The IPO is set to be the largest in Wall Street history and could start next month under the ticker symbol SPCX.
According to a report by the BBC, in 2025, SpaceX brought in $18.6 billion in revenue but had a net loss of $4.9 billion. In the first three months of 2026, it achieved $4.7 billion in sales but made a net loss of $4.3 billion. Meanwhile, its balance sheet shows it has $102 billion in assets, such as rockets and other equipment, but also carries $60.5 billion of debt.
Ruth Foxe-Blader, managing partner at U.S. venture capital firm Citrine Venture Partners, told BBC that “it’s not shocking for a project like this to be loss making, even at the point of IPO.” She said the planned flotation had been expected but was “extremely exciting.”
“SpaceX is just an absolutely sprawling, enormous project with so many different selling points, and so many points that really point to the future,” Foxe-Blader added.
The BBC report also mentioned that SpaceX flagged more than half a billion dollars in expected legal costs stemming from a long list of claims. Some of these come from lawsuits accusing its chatbot Grok of creating nonconsensual sexualized deepfakes.
READ: Is Elon Musk trying to influence SpaceX’s valuation ahead of IPO (February 3, 2026)
According to an excerpt of the company’s IPO filing, SpaceX told prospective investors that its board will not be required to have a majority of independent directors, indicating how Musk will retain control of the rocket and artificial intelligence company.
SpaceX’s upcoming IPO is one of the three most eagerly anticipated IPOs. ChatGPT-maker OpenAI is also reportedly headed to an IPO soon, possibly preparing to confidentially file for an initial public offering as early as this week. Rival Anthropic is also preparing for an IPO, according to reports.