OpenAI wraps $6.6 billion share sale at $500 billion valuation
On Tuesday, September 23, 2025, Sam Altman is the CEO of Openai Inc. during the Media Tour of Stargate AI Data Center in Texas.
Kyle Grillot | Bloomberg | Getty Images
Openai concluded a secondary share of $ 6.6 billion, which allowed existing and former employees to sell shares with a record of 500 billion dollars, according to a person who knows the transaction.
Bloomberg first reported that the agreement was closed.
In August, CNBC reported that Openai wanted to sell a secondary share in a 500 billion dollar valuation and with investors including Thrive Capital, Softbank, Dragoneer Investment Group, Abu Dhabi’s MGX and T. Rowe Price.
Openai for sale has given stock authority up to $ 10.3 billion-an increase from an increase of $ 6 billion-only two-thirds of this amount ultimately changed hands.
Burned to internal debates, a sign that lower participation is seen as a vote of confidence in the long-term expectations of the company and that the investor appetite remained strong even in a valuation of 500 billion dollars-said that at the beginning of this year, it increased sharply from $ 300 billion.
The proposal was presented to the appropriate current and former employees in early September, and the participation has been open to those who have had shares for more than two years.
The sale of stocks marks Openai’s second largest tender proposal in November after a $ 1.5 billion agreement with Softbank in less than a year.
This is the last transaction as Openai’s most valuable private company in the world, exceeding SpaceX’s value of $ 456 billion.
The sales also comes in the midst of competition that is intensified for AI ability. MetaIn particular, it was reported that it offers nine -digit compensation packages to hire the best researchers.
Openai, SpaceX, Strepe and Databricks, including employees to pay their cash while staying special, they are among the growing high -profile venture cohort using secondary sales. The movement is commonly seen as a strategy to maintain talents and reward long -term employees without a public offering.
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