AFP
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ChatGPT maker OpenAI is preparing to file for a stock market listing in the coming days. Photo / Yuichi Yamazaki, AFP
ChatGPT maker OpenAI is preparing to file for a stock market listing in the coming days, possibly by the end of the week, the Wall Street Journal has reported, citing people familiar with the matter.
Valued at US$852 billion ($1.5 trillion) in a recent funding round, OpenAI is working with
bankers at Goldman Sachs and Morgan Stanley on a draft prospectus it plans to file confidentially with regulators, with the aim of going public as early as September, according to the report.
The filing would come as Elon Musk’s SpaceX is expected to unveil IPO paperwork this week before a potential June offering, making 2026 a blockbuster year for IPOs, with AI giant Anthropic also expected to go public.
OpenAI cleared a major obstacle to its listing earlier this week when it won a legal battle with co-founder and rival Musk, who has said he plans to appeal the verdict.
The company’s CEO Sam Altman has been eager to push ahead with a listing, while CFO Sarah Friar has previously indicated the company may need more time, the WSJ reported.

