OpenAI is leaning toward delaying its IPO until 2027, with advisers pushing CEO Sam Altman to slow down after SpaceX’s stock slid from a $1.77 trillion debut to well below it, raising doubts about retail demand, according to The New York Times. Advisers offered Altman a choice of waiting for a $1 trillion valuation or lowering the target for a faster listing, and he reportedly called any cut to the trillion-dollar figure a nonstarter, up from OpenAI’s last private valuation of $730 billion. OpenAI reported about $13 billion in 2025 revenue and hopes to triple it this year, even as it keeps spending on data centers and sees ChatGPT downloads plateau near 900 million, below the billion investors hoped. Among its new revenue bets are tie-ups with Shopify and Stripe letting shoppers check out from online stores without leaving ChatGPT.
