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OpenAI Valuation Reaches $500 Billion, Topping Musk’s SpaceX
Yahoo Finance·2025-10-02 14:40

OpenAI has completed a deal to help employees sell shares in the company at a 500billionvaluation,propellingtheChatGPTownerpastElonMusksSpaceXtobecometheworldslargeststartup.CurrentandformerOpenAIemployeessoldabout500 billion valuation, propelling the ChatGPT owner past Elon Musk’s SpaceX to become the world’s largest startup. Current and former OpenAI employees sold about 6.6 billion of stock to investors including Thrive Capital, SoftBank Group Corp., Dragoneer Investment Group, Abu Dhabi’s MGX and T. Rowe Price, a person familiar with the transaction said. That boosted the US company’s price tag well past its previous $300 billion le ...