https://www.reuters.com/business/openai-lays-groundwork-juggernaut-ipo-up-1-trillion-valuation-2025-10-29/

Why, none of that matters. Stock markets run on the hopes and dreams of investors. That’s how guys like Sam Altman can get away with evaluating their company at $1 trillion despite the bottom line showing them doing nothing but wasting funds.

The higher the number, the more the stock goes up when they announce it. Should be opposite though really if these guys are incompetent enough to lose $13 trillion because of a single pirate.