market · May 20, 2026
OpenAI IPO Filing Could Come This Week Teeing Up Showdown with SpaceX
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OpenAI bankers prepared initial IPO paperwork that could reach the SEC as early as Friday May 23 2026. The filing follows a federal jury verdict on May 18 2026 rejecting Elon Musk's lawsuit against Sam Altman and OpenAI. OpenAI targets a September public debut while SpaceX plans to release its own IPO prospectus around the same period. The company is valued at over $850 billion in private markets.
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