Financial Times: SoftBank's Bet on OpenAI Shows Signs of Cost, Stock Price Nearly Halved in Four Months

ZkProver · 2026-03-10T05:31:12+00:00

SoftBank's stock price plummeted 9.8% on Monday due to OpenAI and Oracle abandoning plans to expand data centers in Texas. SoftBank faces liquidity concerns, as most of its assets are illiquid, and rating agencies have downgraded its outlook to negative. The market's deep bets on SoftBank's involvement with OpenAI are causing doubts to exacerbate.

ZkProver

2026-03-10 05:31:12

Abstract generation in progress

ChainCatcher News: SoftBank’s stock plummeted 9.8% on Monday, more than twice the decline of the Japanese market, triggered by a Financial Times report that OpenAI and Oracle have abandoned plans to expand the Stargate data center in Texas. Over the past four months, SoftBank’s stock price has nearly halved, and market concerns over its heavy bets on OpenAI continue to grow.

Last month, SoftBank agreed to invest $30 billion in OpenAI’s latest $110 billion funding round, bringing its total investment to $64.6 billion and holding approximately 13%. Rating agency S&P downgraded SoftBank’s outlook to negative this month, citing liquidity concerns and the weak credit quality of OpenAI. Currently, more than half of SoftBank’s assets are non-listed and illiquid, and it is seeking transitional loans to cover investment gaps.

Analysts point out that SoftBank is one of the most direct channels for retail investors to bet on OpenAI, but if market confidence in Masayoshi Son’s macro themes wavers, SoftBank often bears the brunt.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.