Last mentioned: Mar 14, 2026
Trading Debut
PayPay shares begin trading on the US exchange, rising 19% after raising $879.8 million.
Nasdaq Debut
Officially listed on Nasdaq with a $12.7 billion valuation.
Market Entry
PayPay decides to brave market turbulence, moving forward with the listing process.
$40B Loan Report
Reports emerge that SoftBank is seeking up to $40 billion to significantly increase its OpenAI investment.
$40B Loan Talks
Reports emerge that SoftBank is seeking a $40 billion loan to significantly increase its stake in OpenAI.
Loan Reports
Bloomberg reports SoftBank is seeking up to $40B for OpenAI investment.
S&P Outlook Cut
S&P Global Ratings lowers SoftBank's outlook to negative as CDS rates rise to year-highs.
IPO Marketing Delayed
SoftBank-backed PayPay initially delays the start of its US IPO marketing amid market uncertainty.
GPT-5.4 Development
OpenAI begins massive compute scale-up for its latest model iteration.
Initial OpenAI Stake
SoftBank invests $500 million in OpenAI's $6.6 billion funding round.
OpenAI $6.6B Round
OpenAI raises $6.6 billion at a $157 billion valuation; SoftBank invests $500 million.
User Milestone
Surpassed 60 million users, covering nearly half of Japan's population.
Arm Surge
Arm's market cap soars, providing SoftBank with significant new borrowing power.
Arm IPO
SoftBank-owned Arm Holdings goes public, providing a massive valuation boost to SoftBank's balance sheet.
SoftBank Pivot
Masayoshi Son announces SoftBank will switch from 'defense' to 'offense' in AI.
Line Pay Integration
Announced integration with Line Pay following the Z Holdings merger.
Aggressive Growth Phase
Initiated the 10 Billion Yen Giveaway campaign to drive mass adoption.
PayPay Launch
Launched as a joint venture between SoftBank and Yahoo Japan.
Japanese payment giant PayPay successfully listed on the Nasdaq, achieving a $12.7 billion valuation following a significant share price surge. The debut marks a major win for SoftBank Group and signals growing global investor confidence in Japan's digital payment ecosystem.
PayPay Corp. successfully raised $879.8 million in its US market debut, with shares climbing 19% on the first day of trading. The listing represents the largest US IPO for a Japanese company in ten years, providing a significant liquidity event for majority owner SoftBank Group.
PayPay Corp. successfully raised $879.8 million in its US initial public offering, marking the largest US listing by a Japanese firm in a decade. The stock's 19% first-day gain signals robust investor appetite for Japanese fintech and provides a significant valuation win for its backer, SoftBank Group.
SoftBank Group is reportedly negotiating a record-breaking $40 billion loan to finance a significant investment in OpenAI. This aggressive move signals CEO Masayoshi Son’s return to high-stakes dealmaking as he seeks to position SoftBank at the center of the generative AI revolution.
SoftBank Group Corp. is reportedly negotiating a loan of up to $40 billion to finance a major stake in OpenAI, marking one of the largest private financing moves in the AI sector. The deal underscores Masayoshi Son's aggressive strategy to position SoftBank at the center of the artificial intelligence revolution.
SoftBank Group is reportedly in discussions to secure up to $40 billion in loans to finance a major stake in OpenAI. This move marks a dramatic escalation in Masayoshi Son’s artificial intelligence strategy, positioning the Japanese conglomerate as a primary financier of the generative AI leader.
SoftBank Group is reportedly negotiating a loan of up to $40 billion to finance a significant expansion of its stake in OpenAI. The move underscores Masayoshi Son's aggressive pivot toward artificial intelligence, even as rising credit default swap rates signal growing market caution regarding the firm's leverage.