Report: OpenAI Preparing $1 Trillion IPO by 2026

Report: OpenAI Preparing $1 Trillion IPO by 2026
Above: OpenAI CEO Sam Altman during a media tour for the Stargate data center in Texas on Sept. 23, 2025. Image copyright: Kyle Grillot/Bloomberg/Getty Images

The Spin

Pro-establishment narrative

OpenAI needs corporatization and an IPO to scale artificial general intelligence infrastructure beyond private funding limits. This unlocks massive capital for rapid innovation — accelerating safe AGI that transforms healthcare, education and productivity for humanity. Public listing provides liquidity for early backers and employees, attracts top talent via equity and enforces transparency for ethical progress, benefiting society over opaque private control.

Establishment-critical narrative

OpenAI's IPO and full corporatization betray its mission, transferring humanity's entitled AGI value to private investors via gutted nonprofit control, now at 26%. Private funding sufficed for growth, exposing this rush for cash as prioritizing profits over safety, diluting oversight and risking unaccountable AGI deployment. The company's promises of transparency are now bald-faced lies, as quarterly profit pressures will protect elites while damaging society.

Metaculus Prediction


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The Controversies



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© 2025 Improve the News Foundation. All rights reserved.Version 6.17.2

© 2025 Improve the News Foundation.

All rights reserved.

Version 6.17.2