Elon Musk-led SpaceX is planning to soon announce its initial public offering (IPO), in what is expected to be the biggest IPO ever. Another IPO that's being talked about a lot is OpenAI's.
While OpenAI is yet to confirm its IPO plans, there has been a lot of buzz around its public debut.
OpenAI's New Raise
OpenAI is finalizing a new $10 billion venture-capital raise, which could push its valuation close to $850 billion. Andreessen Horowitz, MGX, D.E. Shaw Ventures, TPG and T. Rowe Price are co-leading the financing for the Sam Altman-led company's latest funding round.
Nvidia's ‘Last' Investment In OpenAI
Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang earlier this month indicated that the company's recent $30 billion investment in OpenAI “might be the last” before the AI startup goes public.
Here's What Prediction Market Is Saying
Data from Kalshi, a federally authorized betting platform, shows that over $135,000 has been bet on the contract "When will OpenAI officially announce an IPO?"
There has been a decline in the probability of an IPO from the company.
The probability of OpenAI announcing an IPO before Nov. 1, 2026, is 41% as per bettors, down by 6%. The probability increases slightly to 47% for the Dec. 1, 2026 date and is the highest at 53% for the Jan. 1, 2027 date.
Analyst Questions OpenAI's IPO Prospects
Scott Galloway, a marketing professor at NYU Stern and a tech analyst, has raised concerns about the future of OpenAI’s IPO, citing the company's diminishing competitive edge.
Galloway suggested that OpenAI's IPO might not be a sure thing, and there is a possibility of the company withdrawing its IPO plans entirely. "I think OpenAI could get pulled," he said.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Meir Chaimowitz on Shutterstock.com
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