OpenAI is leaning toward delaying its initial public offering until 2027, according to a report by Manager Magazin.
The ChatGPT developer had originally targeted a public debut in the third quarter of 2026, but internal assessments now suggest a later timeline is more prudent given current market conditions.
The shift comes as the technology sector faces persistent volatility, complicating the valuation and timing for major listings.
Manager Magazin notes that the recent market performance of SpaceX has served as a cautionary tale, dampening enthusiasm for high-profile tech debuts in the near term.
Investors are increasingly wary of entering the market for unproven public valuations in a fluctuating environment.
This development aligns with earlier reports from the New York Times and Handelsblatt, which indicated that OpenAI was considering a postponement.