Where Data Tells the Story
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OpenAI is now valued at $500 B… with a 38.5× revenue multiple.
For context: the average Big Tech multiple? ~9.7×.
Only NVIDIA even comes close at 27.3×.
So what’s going on? Is this hype… or something bigger?
Private investors aren’t buying OpenAI for what it is today, they’re buying what it could become. They’re paying for growth, control, and scarcity.
The Growth Is Wild:
194% YoY growth in 2025
$4.3B revenue in H1 (already beating all of 2024)
700M weekly active users
Projected $200B revenue by 2030 👀
Apple, Alphabet, Amazon = stability.
OpenAI = the bet on the next decade.
The real question isn’t “Is OpenAI worth more than XYZ today?”
It’s: 👉 Will platform leadership in AI be worth this kind of premium tomorrow?