OpenAI is considering postponing its initial public offering until 2027, according to a report citing company advisers.
The ChatGPT maker faces a strategic dilemma: maintain a target valuation of $1 trillion and wait for more favorable market conditions, or accept a lower price to accelerate its public debut.
The potential delay marks a significant shift from earlier expectations of a late-2026 listing.
The decision comes amid heightened volatility in the technology sector, which has made pricing mega-cap IPOs increasingly difficult.
Advisers have presented executives with the option to pause the process, reflecting concerns that current investor appetite may not support the company’s ambitious valuation targets.
This hesitation underscores the broader challenges facing high-growth tech firms seeking to go public in a fluctuating market environment.