OpenAI may postpone IPO to 2027 amid market volatility

OpenAI is reportedly weighing a delay of its planned IPO from the fall of 2024 to 2027. The move is driven by a nervous technology market following SpaceX’s recent IPO, which reminded investors that a high valuation does not guarantee growth. CEO Sam Altman has been pushing for a $1 trillion valuation, but advisers warned that current market sentiment could force a lower price if the company proceeds now. The firm previously filed a confidential registration statement with the U.S. SEC and had been targeting a September debut. OpenAI’s current valuation stands at about $852 billion; it posted roughly $13 billion in revenue last year but a net loss of $21 billion. To improve margins, the company is exploring new revenue streams such as advertising in ChatGPT and partnerships with Shopify and Stripe, while trimming loss‑making projects like its video app Sora. SoftBank’s share price fell roughly 12 percent after the news, reflecting investor concerns over the delayed listing.

The decision, if confirmed, would give OpenAI more time to secure a stronger market position and maintain its ambitious valuation, but it also underscores the broader slowdown in tech IPO activity.