OpenAI in talks on share sale that would price it at more than Musk’s SpaceX

The Guardian •

OpenAI is in early talks to facilitate employee share sales that could value ChatGPT maker at $500bn, topping SpaceX. Investors including Thrive Capital, SoftBank, and Microsoft may buy shares, lifting its worth from $300bn. The move aims to reward staff and fend off poaching by Meta and rivals like Anthropic. Meanwhile, OpenAI eyes a for-profit structure, teases GPT-5, open-sources new AI models and pushes into hardware after buying Jony Ive’s io startup, targeting 100m AI companions.

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  • The Guardian — OpenAI in Talks to Sell $6B Shares, Valuation Could Reach $500B