2025-10-03 07:01:49
OpenAI has surged past SpaceX to become the world’s most valuable privately held startup after completing a secondary share sale that values the ChatGPT maker at around $500 billion.
According to Bloomberg, the deal allowed current and former employees to sell approximately $6.6 billion in shares — a transaction that pushed OpenAI well ahead of Elon Musk’s SpaceX, which was last estimated at around $400 billion.
In its announcement, OpenAI said it had finalized the share sale, marking a new valuation milestone in its rapid growth trajectory.
The company previously raised capital at a $300 billion valuation earlier in 2025, making this jump a dramatic increase.
Beyond the valuation leap, the sale underscores the continued appetite for exposure to AI infrastructure businesses.
Investors participating in the deal reportedly included SoftBank, Thrive Capital, Dragoneer, and others.
For many employees, the deal offered a chance to monetize equity in a company that has dominated headlines since the launch of ChatGPT.
But for OpenAI itself, the valuation milestone is more than symbolic – it positions the company as not just a market leader in AI, but a serious contender for long-term strategic influence in tech.
Still, challenges remain. As valuations soar, investors and critics alike will watch for OpenAI to back up expectations with concrete revenues and sustainable growth.
Visit Bang Premier (main website)
