{"id":135630,"date":"2026-08-11T05:11:24","date_gmt":"2026-08-11T05:11:24","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/135630\/"},"modified":"2026-08-11T05:11:24","modified_gmt":"2026-08-11T05:11:24","slug":"openai-wraps-7-billion-share-sale-ahead-of-potential-ipo","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/135630\/","title":{"rendered":"OpenAI wraps $7 billion share sale ahead of potential IPO"},"content":{"rendered":"

OpenAI CEO Sam Altman walks between meetings on Capitol Hill, in Washington, U.S., July 29, 2026.<\/p>\n

Nathan Howard | Reuters<\/p>\n

OpenAI<\/a> completed a secondary share sale totaling roughly $7 billion, allowing current and former employees to sell stock at the company’s $852 billion valuation, CNBC confirmed on Monday.<\/p>\n

The tender offer has been in the works since OpenAI closed its record-breaking $122 billion<\/a> funding round in March. The deal will help alleviate some near-term pressure for liquidity, allowing employees to cash in a portion of their holdings ahead the company’s potentially massive IPO<\/a>.<\/p>\n

Bloomberg<\/a> was first to report the $7 billion figure.<\/p>\n

OpenAI rocketed into the mainstream following the launch of its ChatGPT chatbot in 2022, and it’s ballooned into one of the fastest-growing private companies on the planet in the years since. The company confidentially filed<\/a> its prospectus with the Securities and Exchange Commission in June, but hasn’t disclosed an official timeline for its debut. Rival Anthropic is in a similar position<\/a>. <\/p>\n

Secondary sales have become part of OpenAI’s pre-IPO strategy. The company completed a $6.6 billion<\/a> tender offer at a $500 billion valuation in October, and a $1.5 billion<\/a>\u00a0tender offer in 2024. <\/p>\n

\u2014CNBC’s Kate Rooney contributed to this report <\/p>\n

WATCH: Big Tech\u2019s Anthropic, OpenAI stakes distort S&P earnings picture<\/a><\/p>\n

\"BigChoose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"OpenAI CEO Sam Altman walks between meetings on Capitol Hill, in Washington, U.S., July 29, 2026. Nathan Howard…\n","protected":false},"author":2,"featured_media":135631,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[339,133,148,130,340,157,34424,134],"class_list":["post-135630","post","type-post","status-publish","format-standard","has-post-thumbnail","category-openai","tag-breaking-news-business","tag-breaking-news-technology","tag-business-news","tag-internet","tag-media","tag-openai","tag-openai-forge-global","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/135630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=135630"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/135630\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/135631"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=135630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=135630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=135630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}