PrivateTechShares

Home › US Pre-IPO › OpenAI valuation

Valuation & stock · OpenAI

OpenAI valuation & stock, explained

Is OpenAI publicly traded? What is OpenAI’s valuation, is there a stock price, and how do its shares actually change hands? The plain-English answer.

Short answer: OpenAI is a private company — there is no public “OpenAI stock” ticker you can buy on an exchange. It was most recently valued at roughly $500B (secondary) / $852B tender (2026-08). Only existing shareholders can sell, in private secondary transactions, and there is no confirmed IPO date.

What is OpenAI’s valuation?

OpenAI is a private US ai company. As a private company it has no live share price; its “valuation” comes from funding rounds, tenders and private secondary trades — most recently about $500B (secondary) / $852B tender (as of 2026-08). Any private valuation is a point-in-time snapshot, not a market quote — see why a headline valuation differs from what one share is worth.

Is OpenAI publicly traded?

No. OpenAI has not had an IPO, so there is no ticker and you cannot buy OpenAI stock through a normal brokerage. The only OpenAI shares that exist are held privately.

Can you buy OpenAI stock before the IPO?

Only in limited ways, and not through an app that simply sells you shares. Because OpenAI is private, every share is already held by an employee, ex-employee or investor. Outside investors occasionally gain exposure by buying from a holder in a private secondary — restricted, subject to OpenAI’s transfer rules and a right of first refusal, and negotiated privately. PrivateTechShares does not sell or broker shares. See the routes pre-IPO shares change hands.

Can OpenAI employees sell their shares?

Yes — if you hold vested, transferable OpenAI shares, you can sell in a private secondary or a company-run tender, subject to OpenAI’s transfer rules. Our dedicated guide: how to sell your OpenAI stock →

Hold OpenAI equity?See a realistic range for your stake in seconds.
Value my equity →
Want to sell?The plain-English guide for OpenAI holders.
How to sell OpenAI stock →

Questions people ask

Is OpenAI publicly traded?
No. OpenAI is a private company with no ticker on any public exchange, so you cannot buy OpenAI stock through a normal brokerage. Its shares are held privately by employees, former employees and investors.
What is OpenAI's valuation?
OpenAI has no public market price. It was most recently valued at roughly $500B (secondary) / $852B tender. Private valuations are point-in-time, set by funding rounds, tenders and secondary demand rather than a live market.
Can you buy OpenAI stock before its IPO?
Only in limited ways. Because OpenAI is private, every share is held by an insider. Outside investors occasionally gain exposure through a private secondary, which is restricted (usually to accredited or professional investors), subject to OpenAI's transfer rules and a right of first refusal. PrivateTechShares does not sell or broker shares.
When will OpenAI IPO?
There is no confirmed OpenAI IPO date. Until the company announces and prices a listing, OpenAI stays private and its shares trade only in the private secondary market.
How can OpenAI employees sell shares?
Employees and ex-employees who hold vested, transferable OpenAI shares can sell in a private secondary or a company-run tender, subject to OpenAI's transfer rules. Our guide walks through what you hold, what it may be worth, and how a private sale works.

Read next

General information only — not financial, tax or legal advice. Valuation figures are from public reporting and are approximate and point-in-time. PrivateTechShares is not affiliated with, endorsed by or connected to OpenAI, and is an education and tools service: it is not a broker or marketplace, does not introduce buyers and sellers, does not hold funds, and does not execute or advise on transactions.