OpenAI is in talks with investors about a share sale that would value the company at $500bn and vault it past Elon Musk’s SpaceX to become the world’s most valuable private technology group.
The ChatGPT maker is in the process of raising its last round of financing, a $40bn investment led by SoftBank that priced OpenAI at $300bn. But it is already discussing a valuation of almost double that with investors including Thrive Capital, according to people with knowledge of the start-up’s plans.
That would mean OpenAI would outstrip SpaceX, recently valued at $400bn.
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