---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000601908.md"
description: "I'm sorry, but how does this work?> Softbank takes out $40B bridge loan to invest in OpenAi> OpenAi paper valuation goes up> Softbank gets margin loan off OpenAI's new valuation... maybe to pay back original loan?I'm getting PTSD from the FTX equity/FTT token but with OpenAI equity.Source: Serenity"
datetime: "2026-04-23T10:07:30.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000601908.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000601908.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000601908.md)
author: "[Serenity](https://longbridge.com/en/profiles/26792196.md)"
generator: "portal-rs"
---

# I'm sorry, but how does this work?> Softbank ta…


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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**