OpenAI is reportedly preparing for one of the largest initial public offerings (IPOs) in history, with a potential valuation of up to $1 trillion. The company is expected to file with U.S. regulators in the second half of 2026, targeting a public listing in 2027. Sources suggest OpenAI may seek to raise at least $60 billion, depending on growth momentum and market conditions.
Chief Financial Officer Sarah Friar has indicated that 2027 remains the target year, though advisers note the IPO could come earlier, possibly by late 2026. A company spokesperson clarified that “going public isn’t the immediate focus,” emphasizing that OpenAI’s current priority is building a resilient business and advancing its mission to ensure artificial general intelligence (AGI) benefits humanity.
The IPO discussions follow a major corporate restructuring that reduced OpenAI’s dependence on Microsoft, enabling more flexible capital raising. A public listing would grant OpenAI broader access to capital markets and allow it to fund acquisitions and infrastructure expansion, aligning with CEO Sam Altman’s multi-trillion-dollar AI investment vision.
OpenAI’s revenue run rate is projected to hit $20 billion by the end of 2025, but the company continues to face steep operating losses, even at an estimated $500 billion private valuation. Altman has acknowledged that a public listing remains the “most likely path” to sustain growth and fund massive infrastructure needs.
Founded in 2015 as a nonprofit, OpenAI has since restructured under a hybrid model where the OpenAI Foundationretains a 26% ownership stake and milestone-based warrants—ensuring mission alignment despite commercialization.
If realized, OpenAI’s IPO could redefine global AI investment, setting new benchmarks for capital markets, competition, and innovation in the era of artificial intelligence.
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.
