ARK Invest Adds OpenAI to ETFs After Record $122B Funding Round
Cathie Wood’s ARK Invest is introducing one of the most sought-after private tech companies to everyday investors. As part of OpenAI’s $122 billion funding round, the firm added exposure to three flagship ETFs. Specifically, the ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Blockchain & Fintech Innovation ETF will collectively hold about a 3% stake.
As a result, retail investors can now access a high-profile private company through publicly traded funds. Previously, such opportunities were limited to accredited investors or secondary markets. Therefore, this move significantly broadens participation ahead of a potential IPO.
Record-Breaking Funding Round
Meanwhile, the funding round itself set new benchmarks in the tech industry. OpenAI secured $122 billion in committed capital at an $852 billion valuation. Moreover, Amazon led the round with a $50 billion investment, while Nvidia and SoftBank each contributed $30 billion.
In addition, several major firms joined the round, including Andreessen Horowitz, D.E. Shaw Ventures, MGX, TPG, T. Rowe Price, and Microsoft. Notably, around $3 billion came from individual investors through bank channels, marking a first for the company.
At the same time, the company continues to show strong growth. It now generates $2 billion in monthly revenue and has surpassed 900 million weekly active users. Consequently, its scale and momentum reinforce expectations of a public listing.
IPO Momentum Builds
ARK’s Venture Fund has held shares since April 2024; however, this broader ETF inclusion signals a shift toward wider access. As reported, the move creates enhanced opportunities for individual investors who otherwise face barriers to pre-IPO investments. Furthermore, analysts suggest the funding announcement reflects preparations for public markets.
With part of Amazon’s investment tied to a future IPO or achieving artificial general intelligence, expectations continue to rise. Additionally, the company has indicated that this represents its final private funding round. Therefore, momentum toward a public offering appears increasingly strong, while ETF investors now gain early exposure.
