OpenAI overtakes SpaceX as most valuable US-based private company

(2min)
SpaceX Falcon 9 Rocket Launch

Brandon Moser

Microsoft-backed (NASDAQ:MSFT) OpenAI overtook Elon Musk's SpaceX as the highest valued private company in the US following its latest funding round.

OpenAI, which has received an estimated $13B in funding from Microsoft, has a post-money valuation of $157B following its latest $6.6B funding round.

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