OpenAI Becomes the World’s Most Valuable Startup at $500B, Surpassing SpaceX

OpenAI has officially surpassed SpaceX, reaching a $500 billion valuation after employees sold $6.6B in company stock. This milestone comes just a day after Elon Musk became the first person with a $500B net worth.

🔑 Key Highlights:

Record-Breaking Valuation: OpenAI now leads the startup world at $500B.

Stock Sales: Investors include SoftBank, T. Rowe Price, Thrive Capital, and Abu Dhabi’s MGX.

AI + Stablecoins: Analysts see stablecoins as the perfect currency for AI agents, which could further drive adoption.

Products in Focus: OpenAI’s Sora 2 video-generation app and GPT-OSS are gaining traction.

While still unprofitable, OpenAI’s growing capital base positions it to accelerate AI innovation, fend off competition, and potentially redefine how AI and finance intersect.