OpenAI president and co-founder Greg Brockman said on November 5, 2026, that the company could be ready for an initial public offering (IPO) in 2027. He also said OpenAI would choose when it considered the timing right, leaving the potential listing as a possibility rather than a fixed date.
For now, Brockman’s signal is about readiness; OpenAI retains control of the timing.
What Brockman said about a 2027 IPO
Brockman made the remarks at a conference organized by The Wall Street Journal. Asked whether OpenAI could be ready to go public the following year, he answered, “I think so.” He said the company had made substantial progress and would proceed when it judged the time right.
That makes 2027 a possible readiness horizon, not a promised listing year. Whether OpenAI proceeds depends on the timing it chooses.
How the reported timeline developed
Earlier accounts described different stages of OpenAI’s IPO thinking. In October 2025, an OpenAI spokesperson told Reuters that an IPO was not the company’s focus and that no date had been set. In June 2026, Bloomberg reported that a possible listing timeline had shifted toward 2027 after volatility in technology stocks affected an earlier fall target; Bloomberg also reported that OpenAI had filed confidentially with the SEC.
In August 2026, OpenAI CFO Sarah Friar reportedly told employees that an IPO could come in 2027 or sooner if business growth continued. She described a potential listing as a milestone and another fundraising opportunity. Brockman’s November remarks add a later readiness signal while leaving the decision on timing with OpenAI.
| When | Reported development |
| October 2025 | An OpenAI spokesperson told Reuters that an IPO was not the company’s focus and no date had been set. |
| June 2026 | Bloomberg reported a possible shift toward a 2027 listing after technology-stock volatility affected an earlier fall target, and reported a confidential SEC filing. |
| August 2026 | Sarah Friar reportedly told employees an IPO could come in 2027 or sooner if business growth continued. |
| November 5, 2026 | Greg Brockman said OpenAI could be ready for an IPO in 2027 and would choose the timing. |
What revenue says about the IPO outlook
Brockman said enterprise customers accounted for most of OpenAI’s revenue. He added that this reflected the enterprise business’s growth, not weaker growth in the consumer business.
Valencia Plaza attributed a reported annualized revenue run rate of about $50 billion for September 2026 to company documents shared with investors and Financial Times reporting. A revenue run rate annualizes a revenue pace; the reported figure describes revenue, not a company valuation or an IPO share price.
