OpenAI Could Reportedly Delay IPO After SpaceX Scare

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OpenAI executives are reportedly urging caution on its IPO timeline after SpaceX's turbulent public debut. SpaceX priced its $75 billion IPO at $135 per share on June 11, 2026, saw shares rocket to an intraday high above $225, then slide back to around $152.86 by June 26. This volatility is amplifying concerns inside OpenAI, which filed confidentially with the SEC on June 8 but stressed timing remains flexible. Sarah Friar has reportedly pushed for a delay until 2027, citing cash burn and public reporting burdens, creating tension with CEO Sam Altman who favored a quicker timeline. OpenAI's last private valuation neared $850 billion, leaving little room for error if public markets turn skeptical.

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OpenAI may delay its IPO due to SpaceX's volatile debut and internal concerns over cash burn and public reporting burdens, creating uncertainty.

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