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OpenAI postpones IPO to 2027, targets $1 trillion valuation
OpenAI is weighing a postponement of its initial public offering to 2027 after advisers warned that recent market volatility – especially in technology shares following SpaceX’s large IPO – could dampen investor appetite. The company filed a confidential S‑1 with the U.S. SEC in early June but has not set a definitive date, with senior executives considering either a 2026 launch at a lower valuation or a 2027 debut aiming for a $1 trillion market cap, a figure cited by CEO Sam Altman. Advisors including Goldman Sachs, Morgan Stanley and others have stressed that the current environment may not support the ambitious valuation, prompting the board to adopt a more cautious timeline. Market participants have reacted to the news with a sell‑off in AI‑related stocks, and analysts note that the delay underscores the uncertainty surrounding the AI sector’s growth prospects.
The postponement discussion also appears in broader market coverage, where European and Asian outlets report the same potential shift and its impact on tech‑heavy indices, highlighting how OpenAI’s IPO plans have become a barometer for investor confidence in the rapidly expanding artificial‑intelligence industry.