OpenAI's share price: $992.06
OpenAI is private, so no exchange quotes it. The price that counts is the one investors pay in its rounds: $992.06 per share in November 2026, the round that valued OpenAI at $1.25T. Here is every price since 2024, and every employee share sale.
Is there an OpenAI stock price?
Not in the sense of a quote that moves every second. OpenAI's shares are not listed on any exchange, there is no ticker, and nobody can buy them through an ordinary brokerage account. A page that shows a live "OpenAI stock price" is showing something else: a secondary-market estimate, a token, or a different company.
What does exist is the price per share that investors agree with OpenAI in a funding round, and the price at which employees are allowed to sell in a tender offer. Those prices are set by negotiation a few times a year, not by a market, but they are the only per-share prices with OpenAI's agreement behind them.
There is no ChatGPT stock either. ChatGPT is a product of OpenAI, so anyone looking for ChatGPT shares is looking for OpenAI shares. The same goes for Sora, Codex and the GPT models.
OpenAI price per share, round by round
The price paid per share in each priced round and tender offer since October 2024, from one consistent series.
| Date | Price per share | Valuation | Change | Event |
|---|---|---|---|---|
| November 2026 | $992.06 | $1.25T | +44% | November 2026 round |
| March 2026 | $687.69 | $852B | +124% | March 2026 round |
| March 2025 | $306.86 | $300B | +46% | SoftBank-led round |
| November 2024 | $210.00 | $157B | +12% | SoftBank tender offer |
| October 2024 | $187.86 | $157B | – | October 2024 round |
The latest valuation is pre-money; earlier ones are post-money. Prices are rounded to the cent.
Why different sites show different OpenAI share prices
A price per share depends on how many shares there are, and OpenAI has changed its share structure more than once. Until October 2025 investors held units in a capped-profit company; the recapitalization into OpenAI Group PBC converted those holdings into ordinary shares. Trackers that divide a valuation by a different share count arrive at a different price for the same round.
The table above uses a single series throughout, so its prices can be compared with each other. Do not mix it with figures from another source. The valuation column is the safer guide to how OpenAI's worth has changed, because it does not depend on the share count.
OpenAI tender offers and employee share sales
In a tender offer, existing shares change hands: employees and early holders sell, and investors (or OpenAI itself) buy. No new money reaches the company, except when OpenAI does the buying.
| Date | Priced at | Size | Buyers |
|---|---|---|---|
| August 2026 | $852B | About $7B | OpenAI itself, buying back shares from current and former staff |
| October 2025 | $500B | About $6.6B, of up to $10.3B offered | Thrive Capital, SoftBank, Dragoneer, MGX, T. Rowe Price |
| November 2024 | $157B | About $1.5B | SoftBank, through Vision Fund 2 |
| February 2024 | $86B | Not disclosed | Led by Thrive Capital; delayed from 2023 by Sam Altman's brief ouster |
| April 2023 | $27B to $29B | About $300M | Sequoia, Andreessen Horowitz, Thrive, K2 Global, Founders Fund |
Tender offers are how OpenAI lets staff turn equity into cash while the company stays private. OpenAI sets the price, the window and who may take part. In the 2024 sale to SoftBank, for example, only current and former staff who had held their shares for at least two years could sell. In October 2025, staff sold about $6.6 billion of the $10.3 billion OpenAI had authorized.
The August 2026 sale was different. Instead of outside investors buying, OpenAI repurchased about $7 billion of shares from current and former staff, at the valuation of its March 2026 round. A buyback is paid for with the company's own cash.
Can you buy OpenAI shares at these prices?
Not at the round prices: rounds and tender offers are closed to the public. Shares that change hands outside them, on private secondary platforms, are in the US generally limited to accredited investors, trade rarely and can sit far from the last round price.
A public price will exist once OpenAI lists. Until then, the listed companies with a stake in OpenAI are the only shares connected to it that trade on an exchange.
The routes that exist today are on how to invest in OpenAI, and the listing timeline on the IPO page.