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SpaceX plans a secondary share sale that could value the company at $800 billion, surpassing OpenAI as the most valuable private firm in the U.S. CFO Bret Johnsen informed investors about this transaction and hinted at a potential IPO in 2026. This valuation is double what the company achieved in a previous share sale.
OpenAI is exploring a potential employee share sale that could elevate its valuation to approximately $500 billion, significantly up from its current $300 billion. The company has seen substantial growth, doubling its revenue in the past seven months, largely due to the popularity of its ChatGPT product. This move comes as part of a broader strategy to retain AI talent amidst fierce competition in the tech industry.