The Kobeissi Letter|May 20, 2026 16:27
BREAKING: OpenAI has been working with bankers to file for an IPO as soon as in the coming days or weeks, per WSJ.
Details include:
1. OpenAI has been working with both Goldman Sachs and Morgan Stanley on the IPO
2. The goal is for the company to be read to go public by as early as September
3. OpenAI plans to file confidentially with regulators soon, possibly as early as Friday
4. The move comes amid SpaceX's imminent IPO which could debut as soon as June 12th
A historic IPO season is upon us.(The Kobeissi Letter)
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