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SoftBank Stock Hits Record High on OpenAI IPO Expectations, Up 40% Since May 20

GateNews

AI Industry News Stocks

2026-05-25 07:04:18

According to ChainCatcher, SoftBank Group's stock reached a record high on Monday, climbing 40% since May 20 to a market cap of ¥40 trillion ($252 billion), as investors anticipated potential gains from OpenAI and SB Energy's forthcoming IPOs. OpenAI is reportedly preparing to submit its IPO application within days, while SB Energy plans a confidential U.S. filing. Takashi Nakagawa, senior analyst at TokaiTokyo Intelligence Laboratory, noted the market is "extremely excited" about the long-awaited OpenAI IPO potentially becoming reality.

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