Openai is now worth more on paper than SpaceX, catches up with Elon Musk himself

Openai has just exceeded SpaceX to become the most precious private society in the world, and now it’s worth as much as his deadly enemy and the richest man in the world, Elon Musk.

Bloomberg reports that Optai has concluded an agreement involving current and former employees of the company selling approximately $ 6.6 billion in stocks with several investors, including Thrive Capital, SoftBank and T. Rowe Price.

This agreement pushed the assessment of the AI ​​giant at $ 500 billion, exceeding Musk SpaceX at $ 400 billion and pushing Tiktok Parent bytedance in third place at $ 220 billion. For the context, Openai was estimated at only $ 300 billion earlier this year.

The windfall came in the middle of the Openai supply frenzy, aimed at obtaining funding for its enormous IA infrastructure project, Stargate. The initiative is a plan of $ 500 billion over four years to build data centers in the United States with partners like Oracle and SoftBank. The project was announced for the first time at a press conference by the White House Spishhy alongside President Donald Trump in January.

Last month, Openai announced that five new Stargate data centers, as well as the flagship of the project in Abilene, Texas and other ongoing projects, would bring Stargate to nearly 7 gigawatts of planned capacity and more than $ 400 billion in investment over the next three years.

“The AI ​​can only keep its promise if we build the calculation to feed it. This calculation is the key to ensuring that everyone can benefit from AI and to unlock future breakthroughs,” said Sam Altman, CEO of Openai, in a press release announcing the new sites.

On his personal blog, Altman said that if the industry could not reach 10 calculation gigawatts, he might have to decide what AI requests are priority.

In addition, Openai has also recently signed agreements with NVIDIA, SAMSUNG and SK HYNIX to help flea for its data centers. Nvidia alone said she would invest up to $ 100 billion in the company.

The news of the large Openai evaluation bump abandoned the same week that Elon Musk became the first person to reach a net value of $ 500 billion – it has since been reduced to $ 499 billion.

Most of Musk’s fortune is linked to Tesla, where it holds around 12% of the company’s shares. Tesla is one of the most precious public companies with a market capitalization of $ 1.4 billion. Its board of directors has even recently offered Musk a salary package of $ 1 Billion to keep it concentrated.

But Musk’s relationship with Openai, the company he helped to start in 2015, embittered. He was in a very public quarrel with CEO Sam Altman, even filed a complaint last year before a Federal Court of Northern California, accusing Altman and Openai de Fraud. Musk says he was due in the financing of what he thought was a non -profit research laboratory.

Instead, according to the trial, Altman discreetly built a secret network of for-profit OPENAI affiliated companies, has taken control of the board of directors of the non-profit organization, engaged in self-training and diverted the talent and technology of the non-profit organization for a financial gain.

And while Openai’s evaluation continues to run higher, Sam Altman itself is still worth only $ 20 million, according to Forbes.