Home > Quick > Body

OpenAI completes share sale at record valuation of $500 billion

clock
2025-10-02 04:39:14
On October 2, according to people familiar with the matter, OpenAI has completed a deal that allows current and former employees to sell about $6.6 billion worth of company shares at a $500 billion valuation. The secondary sale makes the ChatGPT maker the most valuable startup in the world, surpassing Musk's SpaceX. Previously, OpenAI was valued at $300 billion in a $40 billion funding round led by SoftBank Group. As part of the deal, OpenAI employees sold shares to a group of investors, including Thrive Capital, SoftBank, Dragoneer Investment Group, Abu Dhabi-based MGX, and T. Rowe Price, people familiar with the matter said.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.