OpenAI to delay IPO until 2027? Inside Sam Altman’s changing strategy as SpaceX stock slide

OpenAI, the company behind ChatGPT, is likely considering delaying its much-awaited Initial Public Offering (IPO) until 2027, according to the New York Times. The report, citing people familiar with the developments, said the company is not abandoning its plans to go public but believes waiting may be a better option as Wall Street becomes increasingly cautious about big technology listings. One of the biggest reasons behind the rethink is the mega fall in SpaceX’s stock after its record-breaking IPO, which has made investors and bankers more careful about launching another trillion-dollar tech company on the stock market.