{"id":428,"date":"2026-05-20T19:06:09","date_gmt":"2026-05-20T19:06:09","guid":{"rendered":"https:\/\/americanhomejournals.com\/?p=428"},"modified":"2026-05-20T19:06:09","modified_gmt":"2026-05-20T19:06:09","slug":"openai-is-racing-to-go-public","status":"publish","type":"post","link":"https:\/\/americanhomejournals.com\/?p=428","title":{"rendered":"OpenAI is racing to go public"},"content":{"rendered":"
\n

OpenAI is preparing to go public this fall.<\/p>\n

The ChatGPT-maker is moving quickly toward an initial public offering and targeting September for the listing, a person familiar with the matter told Business Insider.<\/p>\n

Read more Sam Altman has a proposition for startup founders: AI tokens for equity<\/a><\/p>\n

OpenAI is working with bankers at Goldman Sachs and Morgan Stanley to put together its filings, the person said. <\/p>\n

The Wall Street Journal reported that OpenAI could file its confidential prospectus with regulators as early as Friday.<\/p>\n

Employees and investors have been eagerly awaiting the IPO, given OpenAI’s meteoric rise over the last three years. A $122 billion funding round in March pushed the company’s post-money valuation to $852 billion.<\/p>\n

The listing would bring in yet more cash and give longtime stakeholders a chance to liquidate their shares.<\/p>\n

Investors also expect SpaceX’s IPO this summer, and OpenAI rival Anthropic is eyeing a public listing too. <\/p>\n

Read more Best Sony headphones of 2026<\/a><\/p>\n

In filing for an IPO, OpenAI would open its books, giving the public a clearer look at the vast resources it is churning toward the goal of building powerful AI models. The Wall Street Journal reported in April that the AI lab is projecting multi-billion-dollar losses through 2029, including a staggering $85 billion burn in 2028.<\/p>\n

OpenAI’s push toward the listing comes on the heels of a courtroom victory in Oakland, California. SpaceX and Tesla CEO Elon Musk had tangled the company and its CEO, Sam Altman, in a legal battle over its transition to a for-profit enterprise. On Monday, the jury found that Musk’s claims were barred by statutes of limitations. Musk vowed to appeal.<\/p>\n

Have a tip? Contact this reporter via email at <\/em>scouncil@businessinsider.com<\/em>, or over text, Signal, Telegram, or WhatsApp at <\/em>415-757-8198<\/em>. Use a personal email address, a nonwork WiFi network, and a nonwork device; <\/em>here’s our guide to sharing information securely<\/u><\/em>. (edited)<\/em><\/p>\n

Read more Read the email Meta is sending to thousands of laid-off employees<\/a><\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

OpenAI targets September IPO with Goldman Sachs and Morgan Stanley as advisors, a person familiar with the matter told Business Insider.<\/p>\n","protected":false},"author":1,"featured_media":427,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-428","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ai"],"yoast_head":"\nOpenAI is racing to go public - American home journals<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/americanhomejournals.com\/?p=428\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OpenAI is racing to go public - American home journals\" \/>\n<meta property=\"og:description\" content=\"OpenAI targets September IPO with Goldman Sachs and Morgan Stanley as advisors, a person familiar with the matter told Business Insider.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/americanhomejournals.com\/?p=428\" \/>\n<meta property=\"og:site_name\" content=\"American home journals\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-20T19:06:09+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/americanhomejournals.com\\\/?p=428#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/americanhomejournals.com\\\/?p=428\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/americanhomejournals.com\\\/#\\\/schema\\\/person\\\/a3bb30439d8074c26cddd2e4af7af957\"},\"headline\":\"OpenAI is racing to go public\",\"datePublished\":\"2026-05-20T19:06:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/americanhomejournals.com\\\/?p=428\"},\"wordCount\":337,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/americanhomejournals.com\\\/?p=428#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/americanhomejournals.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/5349f207ed278f7fb0def636ed11b327.webp\",\"articleSection\":[\"AI\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/americanhomejournals.com\\\/?p=428#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/americanhomejournals.com\\\/?p=428\",\"url\":\"https:\\\/\\\/americanhomejournals.com\\\/?p=428\",\"name\":\"OpenAI is racing to go public - 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