OpenAI mentioned a potential IPO with Q4 2026 as a targeted date. “OpenAI is reportedly racing toward a fourth-quarter 2026 initial public offering that would test just how much faith investors still have in the AI boom. [...] OpenAI may be contemplating an IPO before the end of the year in part to get out in the public market ahead of its rival Anthropic” — Yahoo Financeon January 30, 2026.
OpenAI was founded in 2015 by Elon Musk, Greg Brockman, Ilya Sutskever, Sam Altman, and Wojciech Zaremba. In May 2025, there was a discussion of an OpenAI IPO with Reuters claiming that OpenAI's restructuring plans position it for a potential future IPO. Despite these discussions, as of May 2025, the company has not officially released any confirmation of an IPO.
Open AI is an artificial intelligence research company working to develop AI with a goal to have a long-lasting positive impact on humans. Per Forge data, Open AI has raised approximately $61.9 billion over eleven funding rounds with the most recent funding round on March 31, 2025. Most recently, their investors have included Softbank and Coatue. In previous venture funds in 2024, the company raised $6.6 billion from Thrive Capital.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
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Is OpenAI a publicly traded company?
OpenAI is a private company and not publicly traded.
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To learn more about OpenAI potential IPO
Will OpenAI go IPO?
OpenAI has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.
What is OpenAI’s IPO price?
The OpenAI IPO price does not exist at this time, as OpenAI is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to OpenAI, register for Forge today.
When was OpenAI founded?
OpenAI was founded in 2015.
What is OpenAI funding to date?
OpenAI has raised $166.07B to date.
OpenAI major investors
Amazon Web Services
Change.Org
Infosys
Khosla Ventures
Microsoft
Y Combinator
OpenAI pre-IPO valuation and funding rounds
Funding history chart
Funding round and deals details
Funding Date
Round
Amount Raised
Price per Share
Post-Money Valuation 3
Key Investors
02/27/2026
Series C
$110B
$687.69
$840B
Amazon, Nvidia, Softbank
Price per Share
$ xx.xx
Shares Outstanding
159,956,513
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amazon, Nvidia, Softbank
12/11/2025
Series B
$1B
$47.14
$500B
Dragoneer Investment Group, MGX, Softbank, The Walt Disney Company, Thrive Capital, T. Rowe Price
Price per Share
$ xx.xx
Shares Outstanding
21,212,102
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dragoneer Investment Group, MGX, Softbank, The Walt Disney Company, Thrive Capital, T. Rowe Price
Late last month, The Wall Street Journal reported that OpenAI is laying the groundwork for a potential IPO in the fourth quarter of 2026, driven in part by internal concerns that rival Anthropic could reach the public markets first.1 If accurate, the dynamic is less about scale alone and more about timing, marking a race to persuade public-market investors that each company’s technology, go-to-market strategy and cost structure can withstand the rigor of quarterly reporting.
As the IPO market continues its reopening in 2026, it appears investor attention is shifting toward a small group of late-stage, private companies that could redefine the scale of public offerings. Several likely candidates for a public listing this new year could achieve some of the largest IPOs on record, with valuations exceeding $1 trillion at the time of listing. If realized, 2026’s offerings would mark a new era for public markets, eclipsing prior tech IPO benchmarks.
March 7 (Reuters) - Caitlin Kalinowski, who oversaw hardware at OpenAI, announced her resignation on Saturday, citing concerns about the company's agreement with the Department of Defense.
Fortune reports that Sam Altman said OpenAI is renegotiating its rushed agreement with the Pentagon to add explicit prohibitions on domestic surveillance and other uses.
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