OpenAI leans toward 2027 IPO as SpaceX volatility and valuation concerns reshape public listing timeline
OpenAI is reportedly delaying its highly anticipated initial public offering until 2027, citing market volatility and SpaceX's post-IPO stumble. CEO Sam Altman refuses to accept any valuation below $1 trillion, while the company grapples with heavy spending, slowing user growth, and government scrutiny over its upcoming GPT-5.6 model release.