OpenAI consultants advise delaying the IPO until 2027 to maintain a valuation of at least $1 trillion, The New York Times has learned. The alternative is to lower the assessment for placement in the current year.
There are two reasons. The first is the dynamics of SpaceX shares, which in two weeks dropped to the opening price of the first day of trading. In other words, the only winners now are the shareholders who entered into the placement of Musk’s company itself. The second is the increasing control of AI companies by the US administration: Reuters learned that the mass release of the new GPT 5.6 model from OpenAI will be limited to especially trusted users precisely at the request of Washington.
OpenAI CEO Sam Altman does not intend to give up the trillion-dollar valuation, writes NYT.
Meanwhile, shares of one of OpenAI's largest investors, Japan's SoftBank, fell by the most since August 2024, 13%. Earlier, expectations of big gains from OpenAI going public pushed SoftBank shares to record levels.