OpenAI has completed a deal allowing current and former employees to sell about $6.6 billion worth of shares in the company at a $500 billion valuation.
The secondary sale vaults the ChatGPT-maker ahead of Elon Musk’s SpaceX to become the most valuable startup in the world. OpenAI was previously valued at $300 billion in a $40 billion financing round led by SoftBank Group Corp.
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