According to a report by The New York Times on June 25, three sources privy to the company's internal discussions disclosed that OpenAI is contemplating pushing back its initial public offering (IPO) from the second half of this year—its original timeframe—to next year. The company remains firm on achieving a valuation of up to $1 trillion and is unwilling to compromise on this figure for an earlier listing. Earlier, OpenAI had already enlisted bankers and lawyers to lay the groundwork for the IPO. However, the recent volatility in stock prices following the listings of tech firms like SpaceX, coupled with the underperformance of the global tech stock market, has led OpenAI to reevaluate the timing of its IPO. The advisory team has put forth two options to the company's management: either delay the public debut until 2027 with a $1 trillion valuation or reduce the valuation to accelerate the listing process. OpenAI CEO Sam Altman has unequivocally stated that he will not entertain any valuation adjustments below the $1 trillion mark.