SoftBank shares closed at a record high of 11,190.00 Japanese yen on Thursday, eclipsing the previous intraday high of 11,000 yen reached on Feb. 15, 2000.
As internet stocks came crashing down, so too did SoftBank's share price, which at one point sank more than 90% below its dotcom peak.The recent rise to a share price peak has been volatile since Son positioned SoftBank as a visionary pioneer with the 2017 launch of a massive technology investment arm — the Vision Fund.was perhaps among the highest-profile names.
"This vision, in our view, likely drove some of the investment decision in 2016 to acquire Arm, giving SoftBank Group direct exposure to semiconductor market dynamics and ownership of intellectual property around semiconductor design well ahead of broader progress in AI use-cases and platforms." For example, SoftBank's valuation is around $101.5 billion. Arm's market capitalization is around $176 billion — meaning that SoftBank's 90% stake is equivalent to about $158 billion of that figure. That alone is significantly above SoftBank Group's overall valuation, without taking into account the company's other holdings and businesses, such as its telecommunications arm.
Investors have also cheered the fact that SoftBank has sold practically all of its shares in Alibaba, the Chinese e-commerce giant that Son backed in 2000.But can Son's focus on AI boost SoftBank's value further and close the discount to its basket of assets?
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