This market will resolve to "Yes" if OpenAI completes an Initial Public Offering (IPO) by the listed date ET, as confirmed by official company announcements and credible news sources. Otherwise, this market will resolve to "No". The IPO refers to the first sale of stock by the listed company to the public on any recognized stock exchange. If OpenAI is acquired by another company that is already public, this market will immediately resolve to "No." The resolution source for this market is a consensus of credible reporting.
OpenAI's confidential S-1 filing in May or June 2026 initiated the IPO process with underwriters including Goldman Sachs and Morgan Stanley, but recent deliberations have shifted focus toward a potential 2027 listing to target a $1 trillion valuation amid strong revenue growth of roughly $2 billion monthly from ChatGPT subscriptions and enterprise APIs. Traders weigh the company's non-profit origins, ongoing restructuring, and lack of profitability against competitive pressures, where Anthropic has gained enterprise API share while OpenAI maintains consumer leadership and agentic tooling advantages. Key catalysts include upcoming large language model releases, earnings visibility, and any regulatory scrutiny on AI giants that could influence timing or market reception.