OpenAI Leans Toward Delaying IPO to 2027 as SpaceX Stock Tumbles from $202 to $153

According to the New York Times on June 26, OpenAI is leaning toward delaying its initial public offering to next year, despite having already hired bankers and lawyers to prepare for a potential listing as early as the third or fourth quarter of 2026. The shift in approach follows SpaceX's IPO this month, during which its stock price fell from a high of $202 last week to $153 by Thursday's close. Two people familiar with discussions said OpenAI's advisors have warned that retail investors may lack sufficient enthusiasm for OpenAI shares amid broader tech stock volatility and investor skepticism about AI companies' ability to deliver on high expectations.
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