OpenAI in Talks to Sell Staff Shares at $500 Billion Valuation
OpenAI is negotiating a secondary share sale that could value the company at $500 billion, eclipsing SpaceX as the most valuable private firm. Employees may offload $6 billion in shares to investors including SoftBank, Thrive Capital, and Dragoneer.
The AI giant's valuation has surged from $157 billion in October to $300 billion in March, when SoftBank led a $40 billion funding round. GPT-5's launch and projected $12.7 billion 2025 revenue underscore OpenAI's growth trajectory.
Venture capital's $129 billion year-to-date investment in AI startups reflects sector-wide bullishness. The proposed transaction WOULD allow employee liquidity without an IPO, though terms remain fluid.