Stripe to Buy OpenRouter for $7B at 140x Revenue Multiple

aakashgupta · x · 2026-08-17

Stripe plans to acquire OpenRouter for over $7B, a 140x multiple on its estimated $50M ARR. OpenRouter charges a 5.5% fee on credit loads, nearly double Stripe's core rate. Stripe, processing OpenRouter's payments, watched its inference spend grow from $10M to $100M annualized run rate in months.

Related event: Stripe to Acquire OpenRouter for Over $7 Billion(6 posts)→

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