PS4 Jailbreak 4.07 CFW (CEX/DEX)

Download Link:
This is the only working PS4 jailbreak on youtube currently and it updated as 2017

PS4 Jailbreak 4.07

Steps and Instructions:
STEP 1: Plug a USB stick into your computer
STEP 2: Create a folder in the root of the USB stick called PS4
STEP 3: Create a folder inside the PS4 folder called UPDATE
STEP 4: Move PS4UPDAT.PUP to the directory UPDATE that you just created on the USB
STEP 6: Plug the USB stick into your PS4
STEP 6: Navigate to Settings Tab
STEP 7: Choose System Update
STEP 8: Choose Update via Storage Media
STEP 9: It will say it found Version 4.07-jb
STEP 10: Choose OK
STEP 11: Accept Conditions and Install Update
STEP 12: After less than a minute, your PS3 will update, beep 4 times then shut down.
STEP 13: Power up your PS4 (You will have to do it on the console and not by the controller)
STEP 14: Your PS4 is now jailbroken!