OpenAI May Postpone IPO Until 2027 Despite Confidential SEC Filing, Report Says
OpenAI is leaning toward postponing its initial public offering (IPO) until 2027, according to a New York Times report citing three people involved in the company's internal deliberations.
OpenAI is leaning toward postponing its initial public offering (IPO) until 2027, according to a New York Times report citing three people involved in the company's internal deliberations. The potential delay emerges despite the ChatGPT maker's recent confidential filing with the U.S. Securities and Exchange Commission (SEC) on June 9, which gave the firm the flexibility to list on Wall Street as early as this fall.
Financial advisers working with OpenAI have reportedly urged caution, pointing to recent volatility across the technology sector. Bankers noted that unstable tech valuations, alongside fluctuating retail investor enthusiasm following SpaceX's recent record-breaking IPO, have created a less predictable environment for a massive public debut. OpenAI IPO: ChatGPT Maker Files Confidential SEC Paperwork for Potential Public Listing, Says Timing of Stock Market Debut Yet To Be Decided.
Despite the cautious timeline, OpenAI Chief Executive Officer Sam Altman is reportedly pushing his banking and legal advisers to target a historic $1 trillion valuation. To navigate the potential listing, the artificial intelligence firm has been working closely with financial institutions Goldman Sachs Group Inc. and Morgan Stanley.
In its official June statement, OpenAI acknowledged the complex trade-offs of going public, noting that executing its long-term strategic goals remains easier while operating as a private entity. The company stated that while a specific timeline has not yet been finalized, the confidential filing serves to preserve its options should market conditions shift in its favor.
The shift in timeline highlights the immense capital pressures facing the generative AI sector. OpenAI and its primary rival, Anthropic PBC, have been locked in a race to secure public market funding to support escalating expenditures on specialized chips and data center infrastructure. Anthropic, which has seen substantial revenue growth this year from its software products, also filed confidentially for an IPO shortly before OpenAI. OpenAI IPO: ChatGPT Maker Files for Initial Public Offering Confidentially for US Stock Market Debut.
Earlier this year, OpenAI successfully raised $122 billion in a funding round, bringing its total private valuation to $852 billion including the newly injected capital. While the massive cash reserve provides the infrastructure heavy-weight with a substantial runway, the deliberate approach to its Wall Street debut reflects a broader caution among tech giants navigating high-stakes public market entries.
(The above story first appeared on LatestLY on Jun 26, 2026 09:08 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
