OpenAI May File IPO Prospectus This Week, CNBC Reports

OpenAI is preparing to confidentially file draft paperwork for an initial public offering as soon as Friday, according to CNBC. The artificial intelligence company is reportedly working with Goldman Sachs and Morgan Stanley as it prepares for what could become one of the largest IPOs in history.

The report said OpenAI is currently valued at more than $850 billion by private investors. Sources familiar with the matter said the filing could happen within days or weeks as the company positions itself for a possible public debut later this year.

OpenAI readies IPO filing to list as soon as September https://t.co/w9vG4P6Ovg

— Financial Times (@FT) May 20, 2026

OpenAI declined to confirm a specific IPO timeline. However, company representatives said management regularly evaluates strategic options while remaining focused on operations and growth.

The development comes as Elon Musk’s SpaceX, which merged with xAI earlier this year, also prepares for a major public offering. According to the report, SpaceX was recently valued at $1.25 trillion and is expected to raise a record-breaking amount through its IPO.

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