OpenAI Buys Back $7B in Employee Shares Ahead of Potential IPO
Polymarket · x · 2026-08-11
OpenAI has bought back approximately $7 billion in employee shares ahead of a potential IPO. According to Polymarket, trader consensus leans toward a 2027 IPO rather than late 2026.
The delay is attributed to the company waiting for stronger market conditions to target a valuation exceeding $1 trillion, alongside CEO Sam Altman's reluctance towards public-company obligations. Despite rapid revenue growth reaching roughly $2 billion monthly, the company remains unprofitable.
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