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OpenAI Valuation Soars to $500 Billion, Surpasses SpaceX
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OpenAI surpasses SpaceX with a $500B valuation, fueled by a $6.
OpenAI has reached a $500 billion valuation after employees sold $6.6 billion in stock to investors including Thrive Capital, SoftBank, Dragoneer, Abu Dhabi’s MGX, and T. Rowe Price. This milestone makes OpenAI the world’s most valuable startup, overtaking Elon Musk’s SpaceX at $400 billion. The deal underscores surging investor demand for AI leaders, even as the company transitions from a nonprofit to a for-profit model with Microsoft’s backing.