OpenAI Goes Public: How Much Will It Actually Cost?
·2 min read·Beginner
“
While AI startups are rushing to go public, OpenAI has just filed for an IPO that could shatter all valuation records. Brace yourself—this bill might be steeper than anything we've seen before.
In 30 seconds
01OpenAI filed confidentially for an IPO planned in 2026, potentially the most expensive public offering in history.
02
→
💡
What this means for you
If you're an investor, here's the crucial question: are you willing to pay top dollar for technology that could become commodity tomorrow? If you're a user, not much changes—you'll use ChatGPT anyway, and it'll probably stay the best product regardless of public or private status.
Thought slapping 'AI' next to a company name guaranteed its stock would soar? Well, the market had a bitter surprise this year.
·1 min·2·Beginner
Analysts predict record valuation due to ChatGPT's perceived monopoly in the AI market.
03Major risk: paying over $100 billion for a company with unconsolidated margins could prove disastrous within years.
Let's start with the numbers because they're almost unbelievable. OpenAI has confidentially filed documents for a public listing planned for later this year, joining a race that's reshaping the tech landscape. It's not a surprise—the AI sector has become the new financial Wild West, and anyone with a decent chatbot is rushing to cash in.
But here's the twist: according to PitchBook analysts, OpenAI could end up being the most expensive IPO in history. While the rest of the AI industry is lining up private placements worth roughly $3.6 trillion (yes, trillion with a T), OpenAI is poised to fly much higher. And no, this isn't hyperbole: the company holds a virtually unique position in the market, which means investors will pay a serious premium.
Why would OpenAI cost this much? Easy answer: it owns the perceived monopoly in the space. ChatGPT is what people use, it's the name everyone recognizes, and (for now at least) it seems unstoppable. Sure, competitors are pushing hard, but when you ask your grandma about AI, she thinks ChatGPT. This intangible brand value, combined with real revenue (which is growing, though not exactly Nvidia-level), creates a fascinating equation: massive demand, limited supply, astronomical price.
📬 Enjoying this article?
Get the best AI news every week, straight to your inbox.
But here's the real question: is it worth it? For retail investors, probably not—unless you genuinely believe OpenAI will be the next Microsoft or Google. For Altman and company, obviously yes: the timing is perfect, the market is hot, and public money is flowing like champagne at a San Francisco tech party. That said, the biggest risk hasn't gone away: that in a couple of years the market realizes paying $100 billion (or more) for a company with unconsolidated margins was a terrible bet.
While OpenAI preps for the listing, competitors aren't sitting still. Gemini, Claude, Llama—everyone's hunting for market share. The real test comes when the IPO launches: investors will finally understand the difference between AI hype and AI value, and that's the steepest curve to climb.
While the tech world was buzzing about OpenAI, Anthropic made its move. They just dropped Opus 5, a model they claim is almost as good as their legendary Fable 5.