OpenAI (AI research company)OpenAIOpenAIconfidentially / in secretmìmì秘密to / towardxiàng向United StatesMěiguó美国securitieszhèngquàn证券Exchange Commissionjiāoyì wěiyuánhuì交易委员会to submit / to filetíjiāo提交public listing / IPOshàngshì上市applicationshēnqǐng申请。
May 30, 2026 at 2:00 PM
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BusinessOpenAI Files Confidential IPO Prospectus With SEC Targeting Late 2026 Debut
OpenAI filed a confidential IPO prospectus with the SEC on May 22, targeting a Q4 2026 debut at a valuation of up to $1 trillion.
OpenAI confidentially submitted its IPO prospectus to the United States Securities and Exchange Commission on May 22, formally launching the public listing process. The company's target valuation is between 852 billion dollars to 1 trillion dollars, planned to list on the New York stock exchange in the fourth quarter of 2026. Goldman Sachs and Morgan Stanley will serve as lead underwriters, with OpenAI planning to raise 60 billion dollars. As of March this year, OpenAI's annualized revenue has reached 25 billion dollars, a significant increase from 6 billion dollars in 2024. However, the company's profitability prospects remain bleak, with 2026 operating losses projected to reach 14 billion dollars. CEO Sam Altman hopes the company will complete listing as early as September this year. If successfully listed, OpenAI will become one of the largest technology stock public offerings in United States history.
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