OPENAI FILING FOR IPO AS EARLY AS TODAY, TARGETS SEPTEMBER MARKET DEBUT AT $850 BILLION VALUATION
OpenAI is moving toward the stock market at a pace that should alarm every competitor still privately held. The company is preparing to confidentially file its IPO prospectus with the Securities and Exchange Commission as early as this Friday, according to people familiar with the matter. Goldman Sachs and Morgan Stanley are running point on the offering, and the company has its eyes fixed on a September public debut.
The numbers behind the push are staggering. OpenAI is currently valued at more than $850 billion by private investors and has topped $30 billion in annualized revenue. ChatGPT counts over 900 million weekly active users and more than 50 million paying subscribers. A confidential filing means the actual prospectus documents will not be immediately public, giving the company time to negotiate terms before the full glare of market scrutiny.
What this moment really signals is the end of the age of the AI startup. When the most powerful AI company in the world goes public, the era of these things being garage projects backed by venture capital officially ends. The money is in, the products are real, and now the public gets to buy in. The reckoning for everyone else comes next.
Keywords: OpenAI IPO, OpenAI stock market, ChatGPT valuation, AI company IPO 2026