OpenAI Targets $1 Trillion Valuation in Historic 2026 IPO
OpenAI is positioning itself for what could become the most valuable public debut in history. The artificial intelligence pioneer plans to file for an initial public offering as early as the second half of 2026, with a potential valuation reaching $1 trillion. The offering aims to raise at least $60 billion, eclipsing most previous tech listings.
The company's restructuring into a public benefit corporation with a 26% nonprofit stake has paved the way for public markets. Despite reporting $20 billion in annualized revenue, OpenAI continues to operate at a loss—a characteristic growth pattern for transformative tech firms. Microsoft's $13 billion investment gives it a 27% stake, while SoftBank and Abu Dhabi's MGX join Thrive Capital as major backers.