OpenAI may go public as soon as September
OpenAI is reportedly preparing for an initial public offering (IPO) that could occur as soon as September. This follows a recent legal victory for CEO Sam Altman against Elon Musk, which removed a potential obstacle to the IPO. Despite its high valuation of $730 billion, the company faces significant financial challenges, including a projected loss of $44 billion by 2028.
- ▪OpenAI is planning to file for an IPO, potentially in September.
- ▪The company recently won a legal battle against Elon Musk, clearing a path for the IPO.
- ▪OpenAI is valued at $730 billion but has reported significant losses and high spending.
- ▪Experts predict OpenAI may not become profitable until 2029 or 2030.
- ▪The company is in discussions with Goldman Sachs and Morgan Stanley regarding the IPO.
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Big Tech OpenAI may go public as soon as September The IPO would come after a jury sided with CEO Sam Altman in a legal battle with Elon Musk. By Lawrence Bonk May 20, 2026 2:58 pm EST Unsplash/ Levart_Photographer OpenAI is reportedly preparing to file for an initial public offering (IPO,) according to The New York Times. If a filing does happen in the near future, the IPO could take place as soon as September. This is all according to a pair of company insiders who spoke to the paper. They said that OpenAI has been laying the groundwork for an IPO filing via discussions with Goldman Sachs and Morgan Stanley. The company is reportedly keeping a close eye on the stock market to help choose the perfect time to file.
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