OpenAI IPO: ChatGPT maker likely to file draft papers soon amid SpaceX IPO buzz

OpenAI is preparing to confidentially file for a U.S. initial public offering in the coming weeks, a source familiar with the matter said on Wednesday, adding to a wave of blockbuster listings anticipated in the year ahead.

The plan by the ChatGPT maker, which was last valued at $852 billion, comes two days after it fended off an existential court challenge from Elon Musk and threatens to upstage SpaceX’s IPO filing, expected later in the day.

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