SoftBank Group's stock hit a record high on Monday, with its market capitalization surpassing ¥40 trillion ($252 billion). Since May 20, the stock has risen 40% cumulatively. Investors are betting that the upcoming listings of its stakes in OpenAI and SB Energy could generate substantial returns. OpenAI is reportedly preparing to file for an IPO, while SB Energy plans to secretly file for an IPO in the U.S. Takashi Nakagawa, an analyst at TokaiTokyo Intelligence Laboratory, said the market is excited that an OpenAI IPO is becoming a reality, as it is expected to enhance valuation transparency in the artificial intelligence sector.
SoftBank's share price reaches a record high, market value exceeds 40 trillion yen
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Summary
SoftBank's share price reached a record high on Monday, with on-chain data showing its market value now exceeds 40 trillion yen ($25.2 billion USD). The stock has risen 40% since May 20, driven by on-chain analysis tracking capital inflows tied to stakes in OpenAI and SB Energy. OpenAI is preparing an IPO application, while SB Energy plans to file in the U.S. Analysts note that OpenAI’s listing could bring greater clarity to AI sector valuations.
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