OpenAI overtakes SpaceX, becoming the world’s largest startup with $500 billion

OpenAI

American company OpenAIAI is the largest startup in the world after its valuation has reached $500 billion as a result of a share transaction.

According to Bloomberg, current and former OpenAI employees sold to investors, including Thrive Capital, SoftBank, Dragoneer, MGX from Abu Dhabi and T. Rowe Price, shares for the amount $6.6 billion.

Thus, OpenAI beat the company of Ilona Musk SpaceX with a capitalization of about $400 billion, and also left behind ByteDance ($220 billion) and Anthropic ($183 billion).

The growth of the assessment reflects not only the hype around artificial intelligence, but also the increasingly close interweaving of spheres AI and blockchain, which investors consider as the foundation of the future digital infrastructure.

Comparison with cryptocurrency companies

Against the backdrop of $500 billion OpenAI, even the largest crypto market players look modest. Thus, the capitalization of the Public Exchange Coinbase is about $89 billion (Google Finance data).

even such famous companies as Ripple, Circle and Binance, have not yet managed to overcome the $100 billion bar.

closest to these scales, according to analysts, Tether. June 7 Head Artemis John Ma said that in the event of the issuer of the Stablecoin on the exchange, its assessment could be achieved $515 billionwhat would make Tether the 19th largest public company in the world.

Chapter Tether Paolo Ardoino He replied that $515 billion was a “beautiful figure”, but he even considers it “a little underestimated” taking into account the company’s reserves in bitcoin and gold. At the same time, he stressed that Tether has no need to publicly place shares.

Synergy of AI and stablecoins

With the development of both technologies, more and more experts talk about the mutual support of AI and stablecoins.

September 3 CEO Galaxy Digital Mike Novogratz stated that in the future AI agents will become the largest users of stablecoins.

Analysts are already fixing this trend: the CEX.IO study showed that more 70% of stablecoins transactions in the third quarter of 2025 associated with bots.

Galaxy Digital is also actively investing in the field of artificial intelligence. In August, the company attracted a loan for $1.4 billion for accelerated construction of the data center Texas Helios AI. it is assumed that it will bring more $1 billion per yearservicing Coreweave and other HPC operations.

fears around the future AI

However, not all experts share optimism. Founder of Akash Greg Osuri noted that AI’s electricity needs may soon exceed the capabilities of existing power grids.

at the Token2049 conference, he stated that for the training of large models will have to use nuclear energyif no more sustainable solutions are found. Osuri also called for the development Decentralized AI Learning Technologies.