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OpenAI is now the world's most valuable private company at $500 billion
Yahoo Finance·2025-10-02 21:30

OpenAI has overtaken SpaceX as the largest startup and most valuable private company in the world. Bloomberg has reported that the company has authorized a secondary share sale, which allowed its former and current employees to sell their stocks. OpenAI had authorized the sale of 10.3billioninshares,buttheyultimatelysold10.3 billion in shares, but they ultimately sold 6.6 billion to investors that include Softbank, Abu Dhabi government's MGX fund, American investment firm Thrive Capital and global investment management firm T. Rowe Price. As Blo ...