OpenAI Says It Is Not on an IPO Timeline After Reports Hit AI Stocks
OpenAI is not currently on an initial public offering timeline and has not begun "testing the waters" meetings with potential investors, CNBC reported. The clarification follows earlier New York Times reporting that the artificial intelligence chatbot developer was leaning toward delaying a public listing until 2027, a shift that prompted a selloff in AI-linked equities and broader technology stocks.
Morgan Stanley, Goldman Sachs, and SoftBank Group were among the affected names, with SoftBank shares sliding more than 10% after the news highlighted concerns that OpenAI would delay returns on its investment. Advisers reportedly cautioned the company against targeting a $1 trillion valuation in volatile market conditions, warning that retail investors might lack enthusiasm following recent tech pullbacks and SpaceX's post-IPO trading swings. The update adds an official response to the initial speculation about the company's public market entry.
From the sources (25 posts)
@kobeissiletterBREAKING: OpenAI is now "leaning toward" pushing its IPO until 2027, per NYT. Details include: 1. "Choppy" markets in recent weeks have led OpenAI to reconsider the timeline of the IPO 2. The company is worried it may not find much enthu
@stockmktnewzOPENAI IS NOW LEANING TOWARD DELAYING ITS IPO UNTIL NEXT YEAR
@zerohedgeBOOM *OPENAI LEANS TOWARD WAITING UNTIL NEXT YEAR FOR IPO: NYT The overpriced agentic bubble is over. Good luck
@stocksavvyshayOpenAI is reportedly leaning toward delaying its IPO until 2027. The company had been preparing for a potential listing as soon as later this year but advisers are pushing a slower timeline after $SPCX post-IPO volatility and choppier tech
@zerohedgeOpenAI Plans Delaying IPO Until 2027, Blames SpaceX
@mikeisaacnews: OpenAI is leaning towards waiting until 2027 to go public that marks a shift from the company aiming for a more aggressive target of going public by the end of this year with @realrobcopeland
@negligible_cap*OPENAI LEANS TOWARD WAITING UNTIL NEXT YEAR FOR IPO: NYT “Global markets have also been choppy in recent weeks, with tech stocks dragging down indexes as investors question whether A.I. companies will live up to their sky-high promises.
@wallstengineOPENAI LEANS TOWARD DELAYING IPO UNTIL 2027, PER NYT OpenAI had hired bankers and lawyers for a potential IPO as soon as Q3 or Q4 this year, but advisers are now pushing the company to move slower after SpaceX’s post-IPO volatility and cho
@firstsquawkOPENAI IS REPORTEDLY LEANING TOWARD DELAYING ITS IPO UNTIL NEXT YEAR – NYT.
@faytuksnetworkOpenAI is leaning toward waiting until next year for its IPO, according to the NYT.
@polymarketmoneyBREAKING: OpenAI is reportedly leaning toward delaying its IPO until 2027.
@financialjuiceOpenAI leans toward waiting until next year for IPO - NYT
@techmemeSources: OpenAI leans toward holding off its IPO until 2027 after warnings that Sam Altman's desired $1T valuation may not be met in current market conditions (New York Times) (Visit Techmeme dot com for the link and full context!)
@financialjuiceOpenAI leans toward waiting until next year for IPO - NYT
@polymarketBREAKING: OpenAI’s odds to IPO this year are tanking on reports the company may hold off for a less “choppy” market. Now a 29% chance.
@nytimesOpenAI is leaning toward holding off its IPO until next year, people involved in the company’s deliberations said, a delay that highlights the unclear paths of A.I. titans.
@kalshiJUST IN: OpenAI now "leaning toward" pushing its IPO until 2027 37% chance it happens before then
@firstsquawkSoftBank Group Slides 10% in Early Trading
@cointelegraph🚨 TODAY: OpenAI is leaning toward delaying its IPO until 2027, targeting a $1 trillion valuation with CEO Sam Altman calling any reduction to that figure a non-starter, per NYT.
@cnbcSoftBank sinks 11% as Asia tech rout tracks declines in the U.S.
@businessSoftBank’s stock fell by 12% on concerns that OpenAI may hold off on an IPO until next year and delay returns for its Japanese backer
@cnbcSoftBank Group plunged more than 12% on Friday, leading a broad selloff in Asian technology stocks, amid mounting concerns over the rising cost of artificial intelligence infrastructure. Click here to read more: htt
@techmemeSoftBank shares fell 12% after reports that OpenAI may delay its IPO until 2027; expectations of a windfall from OpenAI's debut helped support Softbank's stock (@aya_wagatsuma / Bloomberg) (Visit Techmeme dot com for the link and full cont
@financialjuiceOpenAI leans toward delaying IPO until next year: NYT
@reutersbizWATCH: OpenAI is considering holding off on its public debut until next year, the New York Times reported, citing three people involved in the company's deliberations