OpenAI IPO: Altman Aims for $1 Trillion Valuation

OpenAI's Sam Altman reportedly won't accept an IPO valuation under one trillion US dollars. This mirrors the valuation secured by Elon Musk's SpaceX when it went public. What's interesting is that SpaceX's market cap later rose above two trillion dollars. Both companies generate massive revenues but also operate at major losses. For example, OpenAI generated around 13 billion dollars in revenue in 2025, and is on track for 24 billion in 2026. However, it also marked a 38.5 billion dollar loss in 2025. OpenAI reportedly filed for an IPO in June but has not yet pursued a public sale, with Altman stating the timing is undecided. Reports now suggest OpenAI may delay its IPO until 2027, potentially to avoid a similar share price drop experienced by SpaceX. This matters because it highlights the complex financial considerations for major tech companies going public.