OpenAI may be pushing back its public debut as it weighs whether market conditions can support its reported goal of a $1 trillion valuation. The company confidentially filed draft IPO paperwork with U.S. regulators last month, but subsequent reports suggest it could wait until 2027 before going public.
A later IPO would give the ChatGPT owner more time to expand revenue and strengthen its case for a premium valuation before entering the public markets. It would also come as investors increasingly scrutinize the long-term returns on heavy AI spending across the technology sector.
