OpenAI in talks on share sale that would price it above Elon Musk's SpaceX

OpenAI is reportedly in early talks about a sale of shares held by current and former employees that would value it at half a trillion dollars, overtaking Elon Musk's SpaceX. If the transaction goes ahead, the value of the ChatGPT developer would rise by about two-thirds, from 300bn ( 225bn). Musk's rocket companyis currently worth 350bn and is reportedly circling a 400bn price tag in a new fundraising. Bloomberg, which first reported the OpenAI talks, said existing investors, including Thrive Capital, have approached the company about buying employee shares. Other investors in OpenAI, which is based in San Francisco, include the Japanese investment company SoftBank, which led the 300bn financing, and Microsoft.