OpenAI aims for a $500bn valuation in secondary share sale
OpenAI is considering a secondary share sale that could value the company at as much as $500 billion (€431.8 billion), according to Bloomberg. This marks a significant increase from the previous valuation of $300 billion (€259 billion), potentially making OpenAI one of the most valuable private technology companies in the world.
The proposed transaction would allow current and former employees to sell their shares and benefit from the company’s impressive growth.
OpenAI’s rapid expansion is clearly visible in its user base and product development. ChatGPT now boasts 700 million weekly active users, up from 500 million just a few months ago. The platform processes more than 3 billion messages per day, a testament to its immense popularity. OpenAI is also preparing to launch GPT-5, the next generation of its flagship product, and has introduced two open source models that can reason like humans.
The new share sale comes at a time when OpenAI is facing fierce competition for top AI talent. Rival companies such as Meta Platforms are aggressively poaching employees with lucrative compensation packages, highlighting the need for OpenAI to retain its staff. Despite some employee departures, OpenAI insists it has retained its core team of experts.
The secondary sale would coincide with the second phase of OpenAI’s primary fundraising round of $30 billion (€25.9 billion). Investors such as Sequoia Capital, Tiger Global, and SoftBank have already committed significant capital.
However, internal discussions about OpenAI’s status as a for-profit company remain unresolved. Microsoft, a major investor with nearly $13.75 billion (€11.8 billion) invested, wants long-term rights to OpenAI’s intellectual property. The current agreement expires in 2030, and any change in the partnership could affect future product development and investment strategies.
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