Elon Musk, the CEO of EV maker Tesla (TSLA), has become the first person to reach a net worth of about $500 billion, thanks to a rebound in Tesla’s stock and the rising valuations of his other companies this year. According to Forbes’ billionaire index, Musk’s wealth stood at $500.1 billion as of 4:15 p.m. ET on Wednesday. Interestingly, Musk …
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OpenAI Is World’s Top Startup With $500B Valuation After Employee Share Sale
Tomohiro Ohsumi / Getty Images OpenAI CEO Sam Altman has said that Meta has been poaching AI staff from the ChatGPT owner. OpenAI has reportedly finalized a secondary share sale that values the artificial intelligence company at $500 billion. At that level, OpenAI’s valuation overtakes that of SpaceX, Elon Musk’s rocket and satellite-internet company. OpenAI has reportedly finalized a secondary …
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