Alan Musk and Open AI
Sam Altman’s chat GPT making company OpenAI has surpassed Allen Musk’s company SpaceX. The company’s valuation has reached $ 500 billion. Which is more than the SpaceX of Musk. The bounce in the company’s valuation comes after a deal, in which the open AI employees and old employees have sold shares worth about $ 6.6 billion.
According to the Reuters report, the valuation of OpenAI is currently $ 300 billion, but it can be more than that, as both the users and revenue of the company are growing rapidly. In August, Reuters reported that there was a stock sale in the company. A source said that in this deal, the employees of OpenAI sold shares to investors like Thrive Capital, SoftBank, Dragonier Investment Group, Abu Dhabi’s MGX and T. Rowe Price.
Record sale
According to the source, the company approved the sale of shares of more than $ 10 billion in the secondary market. Thrive Capital, SoftBank, Dragonier, MGX and T. Rowe Price did not immediately respond to the questions of the Reuters. This share is different from the SAIL SoftBank’s primary funding round, which happened earlier.
According to the recent report of the information, the company is planning more funding in the first half of 2025. This sale has happened at a time when tech companies are offering heavy salary for AI talent. Meta.O has invested billions in Scale AI and has selected its 28 -year -old CEO, Alexander Wang to lead the new Super Intelligence Unit.
SpaceX shares price
The impact of this news can be seen on SpaceX shares. The company’s stock closed at $ 238.65 at US $ 238.65. At the same time, if we talk about the wealth of Alan Mast, then today there has been an increase of 10.5 bills of dollars. According to the Bloomberg Billionaire Index, Musk’s wealth has increased to $ 470 billion.