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

MarsBitNews · 2026-03-10T05:37:31+00:00

SoftBank's stock price dropped 9.8% on Monday as OpenAI and Oracle abandoned plans to expand data centers in Texas, intensifying market concerns over its investment in OpenAI. SoftBank's stock has nearly halved in the past four months, and credit rating agencies have downgraded its outlook.

MarsBitNews

2026-03-10 05:37:31

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Mars Finance News: SoftBank’s stock price plummeted 9.8% on Monday, more than twice the decline of the Japanese market. The trigger was the 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 has nearly halved, and market concerns about its heavy investment in OpenAI continue to grow. Last month, SoftBank agreed to invest $30 billion in OpenAI’s latest $110 billion funding round, bringing total investment to $64.6 billion with approximately 13% ownership. Rating agency S&P downgraded SoftBank’s outlook to negative this month, citing liquidity concerns and 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 is often the first to be affected.

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