OpenAI is preparing to file confidential IPO paperwork in the coming days or weeks, working with Goldman Sachs and Morgan Stanley, according to people familiar with the matter. The filing could come as early as Friday, with a potential listing target

2026-05-21

OpenAI is preparing to file confidential IPO paperwork in the coming days or weeks, working with Goldman Sachs and Morgan Stanley, according to people familiar with the matter. The filing could come as early as Friday, with a potential listing targeted for September, though timing may change. The company recently won a legal dispute with co-founder Elon Musk. It still faces concerns over revenue generation, heavy infrastructure spending, and competition from Anthropic.