Stargate

SoftBank's stock is down ~48% since November 3, as scrutiny into the scale of its OpenAI ties grows; on March 9, it closed down 9.8% on Stargate delay reports

Japanese group has suffered from recent share falls and a negative outlook from rating agency S&P  —  Once fired up, Masayoshi Son's investing enthusiasm knows few bounds.

SoftBank's stock is down ~48% since Nov. 3, as scrutiny into the scale of its OpenAI involvement grows; on Monday, SoftBank fell 9.8% on Stargate delay reports

Sources: Crusoe is discussing raising $1B+ at a $10B valuation; the company, which is helping build OpenAI's first Stargate facility, had $250M revenue in 2024

Crusoe, the developer behind OpenAI's first Stargate data center, is discussing raising funds at a $10 billion valuation …

Sources: SoftBank and OpenAI's $100B Stargate investment hits snags on tariff fears; talks with dozens of lenders started earlier in 2025 have yielded no deals

SoftBank Group Corp.'s plans to invest $100 billion in artificial intelligence infrastructure in the US have slowed …