AI trade hits a wall amid report that OpenAI will delay IPO until 2027
Key takeaways
- According to The New York Times, the AI giant is working to determine whether to go public this year at a valuation below $1 trillion, or to have a better shot at hitting $1 trillion and hold off until 2027.
- OpenAI confidentially filed its S-1 paperwork with the Securities and Exchange Commission on June 8.
- At the same time, however, OpenAI noted that filing gave it the option to go public sooner if that were a better option for the company.
AI trade hits a wall amid report that Open AI will delay IPO until 2027 Daniel Howley · Technology Editor Fri, June 26, 2026 at 10:06 PM GMT+7 2 min read Chip stocks slid on Friday as traders digested a report that Open AI (OPAI.PVT) may delay its planned 2026 initial public offering (IPO) until next year.
According to The New York Times, the AI giant is working to determine whether to go public this year at a valuation below $1 trillion, or to have a better shot at hitting $1 trillion and hold off until 2027.
OpenAI confidentially filed its S-1 paperwork with the Securities and Exchange Commission on June 8. At the time, the company said it hadn't decided on timing for its public debut because "there are things we want to do that are likely easier as a private company."