SpaceX Forecasted to Burn $350B by 2030, How xAI Went From Chasing Anthropic to Powering It

The Information’s Cory Weinberg breaks down Goldman Sachs' exclusive financial models for the SpaceX IPO, detailing a massive $350 billion cash burn projection through 2030 and the S&P 500's decision to block a fast-tracked index entry. Co-executive editor Martin Peers exposes the internal engineering friction at xAI, including Elon Musk’s habit of firing researchers over unrealistic deadlines and how staff used personal accounts to access Anthropic's models. Finally, San Francisco Bureau Chief Jason Dean unpacks the exclusive scoop that data center developer Switch is in talks with KKR and Brookfield to raise capital at a valuation of at least $50 billion. Articles discussed on this episode:

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SpaceX Forecasted to Burn $350B by 2030, How xAI Went From Chasing Anthropic to Powering It is an episode from The Information's 411 by The Information.

This episode is 00:29:08 long.

This episode was published on Jun 5, 2026.

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