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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.
MoneyControl• By struti
Explore:High Return Equity Mutual Fund
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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.
MoneyControl• By struti
Explore:Mutual Fund Screening
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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.
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OpenAI
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OpenAI
AI
SpaceX
Valuation
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Microsoft
Sam Altman
Artificial Intelligence