OpenAI in talks on share sale that would price it at more than Musk’s SpaceX

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OpenAI in talks on share sale that would price it at more than Musk’s SpaceX
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If transaction goes ahead value of ChatGPT developer would rise to $500bn

OpenAI is reportedly in early talks about a sale of shares held by current and former employees that would price the ChatGPT developer at half a trillion dollars, overtaking Elon Musk’s SpaceX in valuation.

from Mark Zuckerberg’s Meta to retain leading staff members, with a share sale possibly offering an incentive to stay. The Facebook parent has poached staff from OpenAI and others in a hiring drive to build an AI “superintelligence” unit. The report comes as Altman indicated that OpenAI was preparing to release an upgraded version of the model powering ChatGPT. On Sunday heon Tuesday, meaning they can be downloaded freely and customised, in a competitive challenge to Meta and China’s DeepSeek, which have also launched open AI models.

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