Capital markets aren't buying it, OpenAI delays IPO plans According to The New York Times, the market is currently cautious about OpenAI's valuation and unwilling to offer a trillion-dollar level, while Altman is also unwilling to compromise, making a delay the chosen option. OpenAI's private market valuation has already reached $600-700 billion, yet the public market's reluctance to offer a premium speaks volumes about the quiet shifts happening in the current market.