positive
OpenAI Valuation Soars to $500 Billion, Surpasses SpaceX
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.
Companies:
- OpenAI
- SpaceX
- Microsoft
- SoftBank
- Thrive Capital
- Dragoneer
- MGX
- T. Rowe Price
Tags:
- OpenAI
- AI
MoneyControl• By struti
Explore:High Return Equity Mutual Fund
positive
OpenAI Valuation Soars to $500 Billion, Surpasses SpaceX
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.
Companies:
- OpenAI
- SpaceX
- Microsoft
- SoftBank
- Thrive Capital
- Dragoneer
- MGX
- T. Rowe Price
Tags:
- OpenAI
- AI
MoneyControl• By struti
Explore:High Return Equity Mutual Fund
1 min read
68 words
OpenAI surpasses SpaceX with a $500B valuation, fueled by a $6.6B secondary share sale and intense investor interest in AI.
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.
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.
Companies:
- OpenAI
- SpaceX
- Microsoft
- SoftBank
- Thrive Capital
- Dragoneer
- MGX
- T. Rowe Price
Tags:
- OpenAI
- AI
- OpenAI
- AI
- SpaceX
- Valuation
- SoftBank
- Microsoft
- Sam Altman
- Artificial Intelligence