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OpenAI’s IPO Looms Amid Tech Titans’ Clash

As AI giants jostle for market supremacy, could OpenAI top SpaceX's anticipated blockbuster?

A day after Elon Musk’s legal battle left OpenAI unscathed, the tech firm is gearing up for an initial public offering. Sources tell Wall Street Journal that CEO Sam Altman aims to see his company publicly traded by September.


The AI pioneer has been working closely with investment banking heavyweights Goldman Sachs and Morgan Stanley, hinting at a confidential filing process with regulators in the coming days or weeks.


This move follows SpaceX’s impending IPO filings, expected this week. With both companies now rivals following Musk’s acquisition of xAI, the financial showdown is shaping up as the next chapter in their ongoing feud. OpenAI’s potential blockbuster status has raised questions over which tech titan will emerge victorious in the market.


In the meantime, while OpenAI prepares for its IPO, it remains resolute under Sam Altman's leadership, unaffected by Musk’s legal setback. The future of both companies now rests on their financial trajectories and public perception.

Original source:  https://techcrunch.com/2026/05/20/openai-barrels-toward-ipo-that-may-happen-in-september/
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