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OpenAI becomes the world’s most valued startup, surpassing SpaceX
Business Standard
|October 03, 2025
OpenAI has completed a deal to help employees sell shares in the company at a $500 billion valuation, propelling the ChatGPT owner past Elon Musk’s SpaceX to become the world’s largest startup.
Current and former OpenAI employees sold about $6.6 billion of stock to investors including Thrive Capital, Soft-Bank Group Corp, Dragoneer Investment Group, Abu Dhabi’s MGX and T Rowe Price, a person familiar with the transaction said. That boosted the US firm’s pricetag well past its previous $300 billion level during a SoftBank-led financing round earlier this year.
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