Sam Altman’s OpenAI beats Elon Musk’s SpaceX as ChatGPT-maker’s valuation reaches $500 billion

ChatGPT maker OpenAI has reached a valuation of $500 billion, racing past Elon Musk’s SpaceX, according to a report on Thursday.

As per Reuters quoting sources, the $500 billion valuation of OpenAI was reached after a deal in which current and former employees sold roughly $6.6 billion worth of share.

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