OpenAI completed a $7 billion employee tender offer and share buyback at a reported $852 billion valuation
Funding Provisional 74% confidence first seen
OpenAI reportedly completed a $7 billion employee share buyback via a tender offer intended to provide liquidity for employees. The buyback was executed at a reported $852 billion valuation, and the move is described as self-funded, potentially affecting expectations for if and when an IPO could occur.
The deal
OpenAI $7 billion Other · announced 11 Aug 2026
Deal terms as reported in the coverage below.