Openai is already worth half dollars, its employees are selling shares … and the San Francisco Explorado real estate market

OpenAI has closed a secondary sale of shares of 6,600 million dollars that places its valuation at 500,000 million. In addition to a financial milestone, this is also an earthquake in the San Francisco real estate market, where employees more than two years old are monetizing part of their participations to buy properties. Why is it important. The operation allows current and old workers to sell Equity to investors eager to access the company’s shareholders or increase its presence in it. They are actors like SoftBank, Thrive Capital or MGX of Abu Dhabi. Openai had authorized sales for more than 10,000 million, although it finally only materialized 66% of that amount. A year ago, its valuation was 157,000 million. It rose to 300,000 million in March 2025, and now reaches 500,000 million, surpassing Spacex (456,000 million). The context. San Francisco real estate agents They are seeing something they had not seen before: Buyers who sell shares of private companies to pay tickets of $ 375,000 (the average in certain neighborhoods of the city) or directly buy in cash. Neighborhoods like Hayes Valley (renamed ‘Valley brain‘For the concentration of AI startups), Noe Valley and Mission Bay are receiving direct pressure from these new buyers with a deep pocket. Mechanics. OpenAI and other AI companies remain private (that is, without going to be traded in the stock market) much longer than the technological startups of previous generations. Employees cannot wait years in an IPO to access their paper wealth. So secondary markets, where private shareholders sell to institutional investors, have become the fast road to convert cash actions. Between the lines. This secondary sale fulfills two functions: On the one hand, it is a retention tool in the middle of a brutal war for talent: Goal has signed at least seven OpenAi Top engineers This summer, often with millionaire bonds. On the other, it allows Openai to keep employees happy who could be frustrated by the lack of liquidity, without having to go over or dilute the control. Yes, but. The OpenAI conversion into a profit company It has not been reversed by a final sentence. In March 2025, a federal judge rejected Elon Musk’s request to issue a precautionary measure to block that change, although he allowed several of his claims to proceed to trial. On the other hand, some investment conditions linked fund commitments (for example of softbank) to which OpenAi advanced with its restructuring, so that if certain milestones were not fulfilled, those commitments could be affected. Musk, who co -founded Openai and left the organization in 2018, sued Openai and Altman arguing that they had breached foundational commitments by moving away from his original non -profit mission. The impact. The consequences in San Francisco go beyond buyers with a lot of money: AI companies such as OpenAi, Anthropic and company are causing An increase in housing demand in neighborhoods close to their work. The cycle features: more well -paid employees generate more demand, more pressure on prices, and more need for immediate liquidity to compete in a market where cash offers have an advantage. Real estate professionals point out A change with respect to previous booms technological: Buyers not only have a high heritage, but also have access to immediate liquidity through secondary markets. They sell just enough for entry and closing expenses, and maintain their exposure to the company, but ensure a tangible asset that diversifies their risk. The big question. Is this sustainable? Openai right now is The most valuable startup in the worldbut loses money while competing in an AI infrastructure race that needs almost unlimited money. If the valuation bubble is deflated, thousands of employees with huge mortgages based on overvalued shares could be seen in trouble. At the moment, the secondary market is creating a new class of owners in San Francisco: AI engineers who have turned code into houses without waiting for the Wall Street bell to sound. In Xataka | Openai’s new social network is hilarious and addictive. So much that it is easy to forget what hides behind Outstanding image | Joshua Sortino

Tesla sales in Europe have sunk 45% and their shares are paying expensive. It’s not even your worst news

The beginning of 2025 is not being the best for Tesla. Sales of electric cars in Europe have shot last January but their sales have fallen to worrying levels. The prospects for investors are not good. These are the data. A new fall. Two weeks ago, we counted on Xataka that the price of the action in Tesla marched in free fall. So, its price was $ 336 when we wrote that item. Subsequently, the price increased slightly but has fallen again And when we write these lines, the barrier of 300 dollars has already broken, accumulating a drop of almost 20% in less than a week. To be below $ 300 is to walk towards November 2024 levels. That same month he had started with good news for Tesla in the stock market, since it started from about 250 dollars/action. Then it went up to a peak of about 480 dollars/action. The fall has been more or less constant since then, mid -December 2024. With the last fall, we talk about a setback of almost 30% in what we have been. A setback that for many is related to Elon Musk’s approach to Donald Trump and the fall of sales of his cars. For others, it is as simple as The price of the shares was swollen And now we are living a readjustment. In a political key. Is it affecting the Elon Musk’s political positioning To sales and shares of Tesla? We evidently speak of sensations because the fall in sales may be due to different circumstances and establishing a direct line between the two situations is only One more of the possible interpretations. It is true that In CaliforniaTraditionally progressive state, the sales of its Tesla Model 3 fell 36% in 2024, while in the United States the setback the setback was 12%. And the messages in the cars warning that the driver bought the car “Before Elon (Musk) went crazy” They seem more common every day. Likewise, your approach to ultra -right -wing positions in Europe can undermine sales. Especially in Germany where Musk has shown its support to AFDthe party that has triumphed throughout the east of the country except in the capital, Berlin, where the company has a Gigafabrica that has raised controversy since its opening until possible extensions. The data. Pure and hard. Because the influence of Elon Musk’s political positioning on Tesla’s sales is still a sensation. What can be talked about is numbers. And the results are being bad. Bad to the point that its fall is 45% in Europe, just when the electric car rises. They are ACEA data. The fall in Spain was especially striking. In January 268 Tesla cars were enrolled in our country, a decrease of -75.50% compared to January 2024, according to ANFAC data. But it is much more serious in France and Germany, since they are the markets with the highest volume of electric vehicles in Europe. In Germany, Tesla enrolled 1,277 cars (The lowest figure since July 2021). The fall was 54% and the market share went from 14% to 4% among electric cars. With 1,141 units sold, In France sales fell 63%. TESLA EUROPE SALES VS Electric cars sold in Europe A key year. Staying behind and losing market share in 2025 is especially serious for the company this 2025 in Europe. It is expected that, threatened by fines of billions of euros, the volume of electric and plug -in hybrids rises considerably. This will force to reduce prices and put the complicated things to Tesla. The first month of 2025 has already served to take the pulse, always according to data from Acea. Electric sales in Europe have grown by 34% compared to the same figure last year, adding 124,341 cars by the 92,781 electric cars last year in January. And most importantly, results are traced in France (0.5%drop) which is the second largest market in Europe and rises in the most popular. In Germany, which last year dealt with these dates with the sudden withdrawal of aid, grows 53.5%. Belgium is now the third country that buys more electric (growth of 37.2%) and the Netherlands also rises a lot (+28.2%). Already outside the European Union, the United Kingdom has gone from 20,935 to 29,634 electric cars last January (+41.6%). Tesla market share in the general market (including combustion) and electric in Europe Let’s not forget. In spite of everything, there is something we cannot forget about: Tesla is immersed in a restructuring of the range of its best -selling model. He Tesla Model and has received a Important face washing that many purchases may have delayed and whose impact we will not see until after a few months, when the new units are enrolled. In its launch, Tesla opted for a version that forced 60,000 euros to spend in the car. A price that not many have been willing to pay. Shortly after, the company confirmed that the renovation reached the entire range, with a much more restrained output price of 44,990 euros. In the same way, it remains to be known (and we will only see it with the passing of the months) how it is going to the Tesla Model 3. With its renovation it received a strong support in sales but taking into account the sales figures of the Q4 of 2024, where the company did everything possible to improve the figures of the previous year, it is very likely that there is a Stock surplus to which they now have to give way and that the data of these first months would be resorting. Losing rhythm. The problem for Tesla is that, as we see in the superior image, it is in its market share among the lowest electric vehicles in the last year. In all 2024, no month broke the 10% market share barrier. There were periods in which almost one in three electric cars bought in Europe was a Tesla. Losing pace is a … Read more

Justine Musk revealed one of the best productivity secrets that Elon Musk shares with Warren Buffet: saying no

Justine Musk is the first wife and mother of six of 11 children children of Elon Musk. He shared a life with Musk even before he became a millionaire after the sale of Zip2. This perspective of Elon Musk, before and after being a millionaire, has allowed the now writer and lecturer to discover one of the secrets of the success of the richest person in the world: say no. During a TEDx talk in 2014Justine Musk highlighted Elon Musk’s ambition and ability to focus, but also a talent that not everyone possesses, such as saying no. Saying no is saying yes As Justine Musk explained, a good part of her ex-husband’s success lay in saying no to many things that they were going to consume your timeto say yes to others that were going to lead him to success. “He said no to people who wanted his time, attention and energy. He said no in a way that protected his resources so he could channel them toward his own goals. And I understood that behind every no there is a deeper ‘yes’ to what what you want,” Justine said in her talk. “Your deep yes is your right to dream,” the writer concluded. The author of six books pointed out that this ability to saying no is a talent which is acquired at a young age and their children also began to develop it. As Justine Musk said in her TED talk, her children were already exercising their power by refusing to do certain things, thus reaffirming their individuality and the talent of wanting to be masters of their own schedule. However, Justine herself recognized that she herself had lost that ability to say no to others between the ages of eight and thirteen. The writer highlighted that this ability to know how to say no to other people not only denotes power to confront negative reactions of whoever requests to occupy your time, also reveals precision in the management of one’s own time and intention. Warren Buffett has his calendar full of noes Elon Musk is not the only one who values ​​his time above anything else and therefore preserves it from any interference. Warren Buffett is also very careful with the use of his time and has the ability to keep his calendar with large spaces available. This was revealed by his good friend Bill Gates during a intervention on the Charlie Ross show in which both millionaires talked about the topic. Bill Gates pointed out how careful Warren Buffett is with his time. “The fact that he’s so careful with time, he has days where there’s nothing on (his schedule)…sitting and thinking can be a priority much older. “It is not an indicator of your seriousness that you have occupied every minute of your schedule.” Greg McKeown, in his book ‘Essentialism‘, highlights a curious paradox about productivity, stating that true productivity is not about doing more, but about doing less. Saying no to other people prevents you from loading your to-do list with tasks unrelated to your goals, so they should be eliminated at all costs. At first, saying no may take an internal effort, but in the long run, that turns into more time to dedicate to what really interests you. In Xataka | Being kind at work is positive, as long as doing so does not affect productivity: the benefits of saying ‘No’ Image | Flickr (NASA HQ PHOTO), TEDx Talks

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