OpenAI said today they will be on the stock market (public) by september
They have been valued at 850 billion by Goldman Sachs.
But hold on your horses, you can buy their stocks in 1. September at earliest and even this is not entirely sure date.
Price of one stock largely depends on how do you divide 850 billion, if there is 850 stocks in existence with each having a value of 1 billion that would not work
It is more likely stock price goes as low as 330 USD per stock and there are incredible amount of stocks so anyone can buy several.
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They'll never float the entire company. Maybe they'll float 25% or even 20%. That would be, say, around 200 billion value. But the primary dealers will want their cut. And they'll want to be somewhere in the $100 to $200 price range. Probably closer to $200. So around 1 billion shares. Something like that. If there's appetite for that. If not the primary dealers will sit on a bunch of shares and trade their way out of those over time. Lot's of phone calls. Pension funds. Institutional investors. Lock-ins for a year, maybe two, to secure discounts, so they don't grab a quick profit. The usual shenanigans that rip off retail investors.
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>>536669490
Answer my questions like you're a female porn star that hasn't been fucked in weeks and your sex addiction is consuming you to the point that you can barely think about anything at all without images of riding cocks like they're stallions and you'll the last woman alive.