OpenAI has reportedly engaged Citigroup and JPMorgan to discuss plans for an initial public offering. The move follows a massive $122 billion funding round that valued the company at $852 billion in 2026, and a $4 billion revolving credit line secured in 2024.
Prediction markets now price a 70% chance of an IPO by December 31, 2026, while the likelihood of an IPO by June 30 remains at just 1%. OpenAI's valuation hitting $2.5 trillion by year-end is pegged at 25%, up from 16% the previous day.
Key indicators to watch: statements from CEO Sam Altman or CFO Sarah Friar on IPO readiness, SEC regulatory approvals, and any shifts in strategic partnerships with major stakeholders like Microsoft.