2027 IPO OUTLOOK

Register for the OpenAI IPO

OpenAI has reportedly filed confidential IPO paperwork, with 2027 identified as a potential listing year. Register your interest and stay informed as this landmark AI offering takes shape.

What you'll receive when you register

  • ✓OpenAI IPO information brochure
    An email brochure covering the company, financial information, valuation and IPO background, once available.
  • ✓Important IPO updates
    Updates on the listing timetable, SEC disclosures and potential share pricing as details are announced.
  • ✓Registration of your interest
    Register your interest ahead of OpenAI’s anticipated 2027 public listing.
Register for the OpenAI IPO ↗
2027

Potential listing year
Final timing and terms have not been announced.

WHY OPENAI IS IN THE SPOTLIGHT

An IPO of exceptional scale.

OpenAI is one of the most closely watched private technology companies, with unprecedented capital commitments and rapid commercial expansion.

MAR 2026 FUNDING

$122B

Capital committed

Announced in OpenAI's March 2026 funding round.

POST-MONEY VALUATION

$852B

Company valuation

Valuation attached to the March 2026 funding round.

REPORTED SEPT 2026 RUN RATE

~$50B

Annualised net revenue

Reported annualised figure, not full-year audited revenue.

Sources: OpenAI, March 2026 ↗ · Reuters, October 2026 ↗

THE OPENAI IPO

A potential defining moment for AI.

Bloomberg reported in June 2026 that OpenAI submitted confidential paperwork for an IPO with the US Securities and Exchange Commission. Reporting has subsequently indicated that a listing may take place as soon as 2027.

The filing is a major reported step, but there is no public offer price, confirmed listing date or published final prospectus.

Bloomberg: reported SEC filing ↗
OPENAI IPO AT A GLANCE
Confidential SEC filingReported June 2026
Potential IPO year2027
Public prospectusNot yet released
Offer price and exchangeNot announced
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OPENAI'S GROWTH STORY

From breakthrough AI to a global platform.

OpenAI's business has expanded from consumer ChatGPT adoption to enterprise products, developer infrastructure and specialist AI tools.

01

Enterprise adoption

OpenAI said enterprise customers contributed more than 40% of revenue in April 2026.

02

Developer ecosystem

OpenAI reported three million weekly users of Codex in April 2026.

03

Rapid revenue growth

Reported annualised net revenue approached $50 billion in September 2026.

Source: OpenAI enterprise update ↗

PRIVATE MARKET VALUATION

OpenAI's valuation journey.

Selected private-market milestones illustrate the scale of investor interest. These figures reflect different types of transactions, and are not IPO prices.

SELECTED VALUATION MILESTONES USD / BILLIONS
$300B

2025

Funding
$500B

2025

Secondary
$852B

Mar 2026

Funding
~$1.4T*

2026

Reported talks*

*The approximately $1.4 trillion figure is a reported potential financing valuation, not a completed transaction. Private-market valuations are not the final IPO offering price.

MAJOR BACKERS

Supported by global capital.

OpenAI has attracted strategic and financial investment from prominent technology and institutional investors.

MicrosoftStrategic investor and partner
SoftBankMajor financial backer
Thrive CapitalPrivate-market investor
MGXReported secondary investor
DragoneerReported secondary investor
T. Rowe PriceReported secondary investor
THE ROAD TO THE 2027 LISTING

What happens next?

Follow the milestones investors will watch as OpenAI prepares for a potential stock-market debut.

01 REPORTED

Confidential IPO filing

Bloomberg reported that OpenAI submitted confidential paperwork to the SEC in June 2026.

02 TO WATCH

Public prospectus

If the process proceeds, public filings should provide more detailed financial and offering information.

03 TO WATCH

Pricing and listing

The offer price, eligibility, exchange and listing timetable remain to be announced.

OPENAI IPO BROCHURE

Get the full picture in your inbox.

Register to request the OpenAI IPO information brochure covering the company, financial milestones, valuation, leading investors and the pathway to the public markets.

The brochure is being prepared separately and will be emailed when available. No official OpenAI prospectus has been released.

Register for the IPO ↗
OPENAI IPO
2027IPO INFORMATION
COMPANY • VALUATION • IPO OUTLOOK
YOUR QUESTIONS, ANSWERED

OpenAI IPO FAQs.

Key points about the prospective IPO, valuation, filing and registration.

Register your interest ↗
Has OpenAI filed for an IPO with the SEC?

Bloomberg reported on 9 June 2026 that OpenAI had filed confidential paperwork with the US Securities and Exchange Commission. Because the filing was confidential, a full public prospectus and final offering terms are not yet available.

When is the OpenAI IPO expected?

Bloomberg has reported that OpenAI is considering a listing as soon as 2027. There is no confirmed offering date, exchange, or subscription period.

What is OpenAI’s valuation in 2026?

OpenAI announced in March 2026 that it raised $122 billion in committed capital at a post-money valuation of $852 billion. Later reports of higher valuation discussions concern financing discussions, not final IPO pricing.

What will OpenAI IPO shares cost?

No public offer price has been announced. An IPO share price would be set through an offering process and disclosed when the company proceeds.

When is the next OpenAI funding round?

OpenAI completed a $122 billion funding round in March 2026. News reports have discussed further financing, but the precise terms and timing of any new round remain unconfirmed.

How much money could the OpenAI IPO raise?

There is no announced offer size. The eventual proceeds will depend on how many shares are sold and their offer price.

Who are the major investors in OpenAI?

Major OpenAI investors and strategic partners have included SoftBank, Microsoft and other leading institutions. Participation can vary between financing and secondary transactions.

What are OpenAI’s latest quarterly earnings?

OpenAI is a private company, so it does not publish quarterly earnings in the same way as a listed company. Reuters reported nearly $50 billion in annualised net revenue for September 2026, which is not quarterly net profit.

How can I register for OpenAI IPO information?

Use the registration form above to request the OpenAI IPO information brochure when published and receive updates. Registering does not reserve shares or make you an IPO participant.

When is the ChatGPT IPO?

ChatGPT is a product of OpenAI, not a separate listed company. A search for ChatGPT IPO generally refers to the potential OpenAI public offering.

What is the ChatGPT IPO share price?

ChatGPT does not have its own publicly traded stock or an announced IPO share price. No public OpenAI IPO share price has been set.

Can I buy ChatGPT IPO shares?

There are no separately traded ChatGPT shares. Any application for OpenAI shares would depend on a future official offering, eligibility and availability.

Register for the OpenAI IPO

Request the brochure and be kept informed about the potential 2027 listing.

Register your interest ↗