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OpenAI Becomes World's Most Valuable Startup, Topping Musk’s SpaceX | Daybreak Europe 10/2/2025
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October 2, 2025
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47:09Now PlayingBloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins.
On today's show, Tech stocks fuel gains in Asia as traders look past the US government shutdown. Private payrolls data reinforces bets on another Fed rate cut this month.
Bloomberg has learned the White House Budget Director is planning to swiftly dismiss federal workers within one to two days. This comes as the Trump administration targets Senate Democratic leader Chuck Schumer and House Democratic leader Hakeem Jeffries, both of whom represent New York in Congress, by halting $18 billion in federal funding for infrastructure projects in New York City,
Bloomberg has learned that OpenAI has completed a deal to help employees sell shares in the company at a $500 billion valuation, propelling the ChatGPT owner past Elon Musk’s SpaceX to become the world’s largest startup.
Today's guest: Valérie Noël, Head of Trading at Syz Group.
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