New investor OpenAI could value it at $830 billion - WSJ. That's more expensive than SpaceX

ChatGPT developer OpenAI plans to raise as much as $100 billion in a new investment round, which could give the company a valuation of up to $830 billion, The Wall Street Journal reported, citing sources. If it manages to get the full target amount, that would make it the most expensive startup, allowing it to overtake Elon Musk's SpaceX again, which started a new round of equity sales at a valuation of $800 billion.

OpenAI expects to finalize the deal round no earlier than the end of the first quarter of next year, WSJ writes. The terms may change, and it is still unclear whether there will be sufficient investor interest to achieve the stated goal, the publication notes.

Just the day before, The Information's interlocutors told The Information that OpenAI intends to get funding based on a business valuation of about $750 billion. Already, that amount is 1.5 times the figure reached in the fall of 2025 in a deal that allowed some employees to sell shares to institutional investors.

Sam Altman, head of OpenAI, is actively forming a pool of investors and at the same time considering an initial public offering, Reuters reported in late October. SpaceX is preparing an IPO as early as 2026, sources from several media outlets said in December, after which Musk confirmed that the information about the listing plans was correct.

This article was AI-translated and verified by a human editor