{"id":51455,"date":"2025-10-05T18:45:54","date_gmt":"2025-10-05T18:45:54","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/openai-completes-6-6b-share-sale-at-500b-valuation-report"},"modified":"2025-10-05T19:20:01","modified_gmt":"2025-10-05T19:20:01","slug":"openai-completes-6-6b-share-sale-at-500b-valuation-report","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/openai-completes-6-6b-share-sale-at-500b-valuation-report","title":{"rendered":"OpenAI completes $6.6B share sale at $500B valuation: Report"},"content":{"rendered":"

Africa-Press – Eritrea. <\/strong><\/span>OpenAI finalized a $6.6 billion secondary share sale, enabling current and former workers to sell stock for a record valuation of $500 billion, CNBC reported Thursday, citing a person familiar with the matter.<\/p>\n

Thrive Capital, SoftBank, Dragoneer Investment Group, Abu Dhabi’s MGX, and T. Rowe Price were among the investors in OpenAI’s proposed secondary share sale in August, which was at a $500 billion valuation.<\/p>\n

Only around two-thirds of the $10.3 billion in shares that OpenAI had approved for sale actually changed hands, despite the company’s initial $6 billion goal having been raised.<\/p>\n

Even with a $500 billion valuation, up significantly from $300 billion earlier this year, the person informed on internal conversations said that lesser participation is being seen internally as a vote of confidence in the company’s long-term prospects and an indication that investor demand is still robust.<\/p>\n

In September, the offer was made to qualified current and past workers, anyone who had owned shares for more than two years was entitled to participate.<\/p>\n

After a $1.5 billion agreement with SoftBank in November, this share sale is OpenAI’s second significant tender offer in less than a year. With this most recent deal, OpenAI has surpassed SpaceX’s $456 billion value to become the most valuable privately owned firm in the world.<\/p>\n

The transaction comes as the race for AI talent heats up. In an effort to attract prominent academics, Meta, in particular, is said to have offered nine-figure remuneration packages.<\/p>\n

OpenAI is part of an expanding group of well-known startups that use secondary sales to let staff members cash out while remaining anonymous, such as SpaceX, Stripe, and Databricks.<\/p>\n

For More News And Analysis About Eritrea<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eritrea. OpenAI finalized a $6.6 billion secondary share sale, enabling current and former workers to sell stock for a record valuation of $500 billion, CNBC reported Thursday, citing a person familiar with the matter. Thrive Capital, SoftBank, Dragoneer Investment Group, Abu Dhabi’s MGX, and T. Rowe Price were among the investors in OpenAI’s […]<\/p>\n","protected":false},"author":84,"featured_media":51454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[392,233,1880,7477,910],"class_list":["post-51455","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-artificial-intelligence","tag-eritrea","tag-openai","tag-share-sale","tag-usa"],"yoast_head":"\nOpenAI completes $6.6B share sale at $500B valuation: Report - Eritrea<\/title>\n<meta name=\"description\" content=\"OpenAI finalized a $6.6 billion secondary share sale, enabling current and former workers to sell stock for a record val ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/openai-completes-6-6b-share-sale-at-500b-valuation-report\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OpenAI completes $6.6B share sale at $500B valuation: Report\" \/>\n<meta property=\"og:description\" content=\"OpenAI finalized a $6.6 billion secondary share sale, enabling current and former workers to sell stock for a record val ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/openai-completes-6-6b-share-sale-at-500b-valuation-report\" \/>\n<meta property=\"og:site_name\" content=\"Eritrea\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-05T18:45:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-05T19:20:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2025\/10\/sm_1759679307.663499.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/openai-completes-6-6b-share-sale-at-500b-valuation-report#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/openai-completes-6-6b-share-sale-at-500b-valuation-report\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"OpenAI completes $6.6B share sale at $500B valuation: Report\",\"datePublished\":\"2025-10-05T18:45:54+00:00\",\"dateModified\":\"2025-10-05T19:20:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/openai-completes-6-6b-share-sale-at-500b-valuation-report\"},\"wordCount\":288,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/openai-completes-6-6b-share-sale-at-500b-valuation-report#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2025\/10\/sm_1759679307.663499.jpg\",\"keywords\":[\"artificial intelligence\",\"Eritrea\",\"OpenAI\",\"share sale\",\"USA\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eritrea\/all-news\/openai-completes-6-6b-share-sale-at-500b-valuation-report#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/openai-completes-6-6b-share-sale-at-500b-valuation-report\",\"url\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/openai-completes-6-6b-share-sale-at-500b-valuation-report\",\"name\":\"OpenAI completes $6.6B share sale at $500B valuation: Report - 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