OpenAI Considers Delaying IPO to 2027 Due to Market Volatility
OpenAI is reportedly leaning toward postponing its initial public offering until 2027, citing choppy markets and concerns over retail investor enthusiasm.
According to a report by the New York Times, OpenAI is now "leaning toward" pushing its IPO to 2027. The decision comes amid recent market turbulence, which the company describes as "choppy."
Advisors have reportedly presented two options: either wait until 2027 to aim for a $1 trillion valuation, or lower the valuation to proceed with an earlier IPO. OpenAI is also worried about weak retail investor appetite.
The news highlights broader concerns about volatility in the tech sector, which has affected IPO timing for several companies recently.
Source: The Kobeissi Letter