Grouped story
OpenAI Delays IPO Plans Amid Market Concerns
OpenAI has postponed its initial public offering (IPO) plans, with CEO Sam Altman stating that the company will only go public when financially viable. The anticipated timeline for the IPO has shifted to 2027, influenced by concerns over retail investor interest following SpaceX's market debut and Altman's demand for a $1 trillion valuation.
Key points
Traders on Kalshi predict a 73% likelihood of OpenAI announcing its IPO by June 2027.
OpenAI's revenue was approximately $13 billion in 2025, but the company remains unprofitable.
Competitor Anthropic has a 70% chance of announcing its IPO by December 2026.