May. 25 at 9:29 PM
SoftBank shares hit a record high as investors bet on potential IPO windfalls from OpenAI and SB Energy. The stock rose 4.6% Monday in Tokyo, extending gains since May 20 to 40% and pushing SoftBank’s market value above ¥40 trillion (
$252 billion).
Momentum accelerated after reports that OpenAI could soon file for an IPO, while SB Energy confidentially submitted plans for a U.S. listing. Analysts say the rally reflects growing confidence in AI and easing concerns about competition from rivals like Anthropic, Google, and xAI.
SoftBank’s surge was also supported by gains in Arm after Nvidia earnings strengthened optimism around AI demand. The company has committed nearly
$65 billion to OpenAI, potentially giving it a 13% stake by October. SB Energy, focused on power generation and grid management for U.S. data centers, raised over
$1.8 billion last year from SoftBank, OpenAI, and Ares Management.
$ARM $NVDA $ARES $SFTBY $OPENAI