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The Pescadero Perspective
news Cloud Startup Lol 2026-06-29

OpenAI Delays IPO Amidst Trillion-Dollar Valuation Chase

OpenAI is reportedly considering delaying its initial public offering (IPO) until 2027, as CEO Sam Altman is reportedly holding out for a valuation of at least $1 trillion. This comes after a slump in share values following a strong debut by SpaceX, raising concerns about market conditions.

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