OpenAI Reportedly Could File For IPO This Week—Teeing Up Showdown With Musk’s SpaceX The sudden rush to go public by OpenAI, the maker of the popular ChatGPT AI model, has left many in the tech world scratching their heads.
The company is reportedly planning to file for an initial public offering (IPO) as early as this week, prompting rival SpaceX, founded by Elon Musk, to also unveil its IPO paperwork soon.
At first glance, OpenAI's decision appears to be another chapter in the ongoing saga of tech companies seeking growth and profitability. However, a closer examination reveals a more complex story unfolding.