Over 600 OpenAI employees sell shares as company nears IPO

Over 600 OpenAI employees sell shares as company nears IPO

Over 600 OpenAI employees sell shares as company nears IPO
More than 600 current and former OpenAI employees have sold their stakes in the company, the Wall Street Journal reported. The sales rank among the largest employee cash-out events in the AI sector. OpenAI’s valuation has climbed fast. The company was valued at $300 billion in early 2025. It reached $500 billion by October. In March 2026, it closed a $122 billion funding round at an $852 billion valuation, according to TechCrunch . That makes it the world’s most valuable private company. Employees have been cashing out for over a year OpenAI employees sold about $6.6 billion in shares in an October 2025 tender offer backed by Thrive Capital, SoftBank, Dragoneer, MGX, and T. Rowe Price, Reuters reported . The latest sale involves more than 600 individuals, according to the Wall Street Journal. OpenAI grants employees an average of $1.5 million in stock compensation, more than seven t
News Analysis
This analysis is for informational purposes only and does not constitute investment advice
The Wall Street Journal reported that more than 600 current and former OpenAI employees have sold their stakes in the company, raising concerns about the company's valuation and future prospects. The sale of shares by employees is a significant event, with the company's valuation reaching $500 billion by October and closing a $122 billion funding round in March 2026.