ChatGPT maker OpenAI’s value has soared to a sky-high $500 billion following a secondary sale of its shares held by current and former employees.

Reuters reported Thursday that the group of employees unloaded around $6.6 billion in shares in the deal, pushing OpenAI’s valuation well north of its current valuation of $300 billion.

During the secondary sale’s open window, OpenAI shareholders offloaded their stock to an investor group that included SoftBank, Thrive Capital, T. Rowe Price, Dragoneer Investment Group, and Emirati state-owned AI investment firm MGX, according to a source who described the deal’s details to Reuters.

While $6.6 billion in shares changed hands during the secondary market sale, OpenAI reportedly authorized the sale of more than $10 billion in stock. The discrepan

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