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Barchart
Barchart
Aanchal Sugandh

OpenAI Could Delay Its IPO Until 2027. What That Means for Microsoft Stock.

OpenAI AI IPO Microsoft

OpenAI filed a confidential draft IPO with the U.S. Securities and Exchange Commission earlier this month, hired a financial team, and had Q3 or Q4 of this year firmly in its sights. That plan hit a wall fast.

A sharp pullback in Space Exploration Technologies (SPCX) share values, combined with growing investor skepticism over whether artificial intelligence (AI) companies can actually back up their lofty promises, forced OpenAI back to the drawing board, and Microsoft Corporation (MSFT) stock felt every bit of that turbulence.

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