Sam Altman seeks a $1 trillion valuation for OpenAI, delaying its IPO until 2027 to achieve the target amid advisor skepticism.
OpenAI has filed confidential paperwork for an initial public offering, with CEO Sam Altman pushing for a $1 trillion valuation. The company faces a choice between going public this year at a lower valuation or delaying until 2027 to meet Altman’s target, according to its S-1 filing with the SEC.
Advisors have expressed doubts about achieving the $1 trillion mark, citing current market conditions. OpenAI’s potential IPO follows SpaceX’s record $1.77 trillion valuation last month, which reignited investor interest in high-profile tech listings.
The decision to delay could align with SoftBank’s $40 billion loan maturity on March 25, 2027, adding pressure to secure favorable terms for OpenAI’s market debut.