OpenAI is reportedly leaning toward delaying its initial public offering until 2027, reconsidering earlier expectations of a public debut later this year as market conditions become less favorable for high-profile technology listings.
According to **The New York Times**, cited by **Forbes**, company executives and financial advisers are evaluating whether waiting another year could better support OpenAI’s long-term valuation objectives, which are said to approach **$1 trillion**. Reports indicate that CEO Sam Altman remains unwilling to pursue a lower valuation in exchange for an earlier listing.
SpaceX’s Volatile IPO Adds Caution to AI Listings
The reported reassessment comes just weeks after SpaceX completed what became the largest IPO in history. While the company’s shares surged immediately after listing, the stock later experienced a sharp decline, highlighting the volatility that can follow blockbuster public offerings.
According to Forbes, the performance of SpaceX has become one of the factors influencing discussions around the timing of other highly anticipated AI IPOs, including OpenAI’s.
Market Conditions Shift
Beyond SpaceX’s performance, broader weakness across technology equities and increasing investor scrutiny of AI valuations have created a more cautious environment for companies considering public offerings.
Investment advisers reportedly presented OpenAI with two alternatives: proceed with an earlier IPO at a lower valuation or postpone the listing in pursuit of its longer-term valuation target. According to multiple reports, the company currently appears more inclined toward the latter option.
AI Infrastructure Spending Remains a Key Consideration
OpenAI continues to invest heavily in artificial intelligence infrastructure, including large-scale computing capacity and advanced model development. The company has previously disclosed that remaining private could provide greater flexibility while it continues to scale operations before entering public markets.






