Uploaded May 2026 | Updated September 2026, 8 hours ago
But your pension fund will pay if it does
pivot-to-ai.com/2026/05/08/openai-may-not-be-able-to-ipo-in-2026 - blog post
Patreon: patreon.com/davidgerard
Ko-Fi: ko-fi.com/A1529D5
Buy us useful things: amazon.co.uk/hz/wishlist/ls/3Q8VZW46J6DM6
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Send in your story tips: dgerard@gmail.com
Sources:
OpenAI Misses Key Revenue, User Targets in High-Stakes Sprint Toward IPO wsj.com/tech/ai/openai-misses-key-revenue-user-targets-in-high-stakes-sprint-toward-ipo-94a95273
OpenAI Wants to Go Public. First Sarah Friar Needs to Get It to Grow Up wsj.com/business/openai-sam-altman-ipo-sarah-friar-392c582b
OpenAI: The IPO That Cannot Afford to Wait (PDF) pitchbook.brightspotcdn.com/ca/14/061592ef4dc29560d4a762c47eea/q2-2026-pitchbook-analyst-note-openai-the-ipo-that-cannot-afford-to-wait.pdf
Exclusive: OpenAI lays groundwork for juggernaut IPO at up to $1 trillion valuation reuters.com/business/openai-lays-groundwork-juggernaut-ipo-up-1-trillion-valuation-2025-10-29
SpaceX Financials Are Leaking Out. What Surprised Us barrons.com/articles/spacex-financials-what-surprised-us-45f50ba6
New Nasdaq rules offer SpaceX free liquidity ft.com/content/ed08478f-89a3-405e-ab03-464f0959d0a0
Previously on Pivot to AI:
SoftBank needs OpenAI to stay alive — no matter what pivot-to-ai.com/2025/08/27/softbank-needs-openai-to-stay-alive-no-matter-what
video: youtube.com/watch?v=zTYxEVRiCvM&list=UU9rJrMVgcXTfa8xuMnbhAEA
OpenAI IPO proceeds — even as CFO says the company is ‘not ready’ pivot-to-ai.com/2026/04/08/openai-ipo-proceeds-even-as-cfo-says-the-company-is-not-ready
video: pivot-to-ai.com/2026/04/08/openai-ipo-proceeds-even-as-cfo-says-the-company-is-not-ready
Full Pivot to AI playlist: youtube.com/playlist?list=UU9rJrMVgcXTfa8xuMnbhAEA
Audio-only podcast: pivottoai.libsyn.com
Apple Podcasts: podcasts.apple.com/us/podcast/pivot-to-ai/id1844698298
Illustration: stock image by Studiostoks
But your pension fund will pay if it does
pivot-to-ai.com/2026/05/08/openai-may-not-be-able-to-ipo-in-2026 - blog post
Patreon: patreon.com/davidgerard
Ko-Fi: ko-fi.com/A1529D5
Buy us useful things: amazon.co.uk/hz/wishlist/ls/3Q8VZW46J6DM6
Get an extremely cool Pivot to AI shirt or mug: pivot-to-ai.redbubble.com
Send in your story tips: dgerard@gmail.com
Sources:
OpenAI Misses Key Revenue, User Targets in High-Stakes Sprint Toward IPO wsj.com/tech/ai/openai-misses-key-revenue-user-targets-in-high-stakes-sprint-toward-ipo-94a95273
OpenAI Wants to Go Public. First Sarah Friar Needs to Get It to Grow Up wsj.com/business/openai-sam-altman-ipo-sarah-friar-392c582b
OpenAI: The IPO That Cannot Afford to Wait (PDF) pitchbook.brightspotcdn.com/ca/14/061592ef4dc29560d4a762c47eea/q2-2026-pitchbook-analyst-note-openai-the-ipo-that-cannot-afford-to-wait.pdf
Exclusive: OpenAI lays groundwork for juggernaut IPO at up to $1 trillion valuation reuters.com/business/openai-lays-groundwork-juggernaut-ipo-up-1-trillion-valuation-2025-10-29
SpaceX Financials Are Leaking Out. What Surprised Us barrons.com/articles/spacex-financials-what-surprised-us-45f50ba6
New Nasdaq rules offer SpaceX free liquidity ft.com/content/ed08478f-89a3-405e-ab03-464f0959d0a0
Previously on Pivot to AI:
SoftBank needs OpenAI to stay alive — no matter what pivot-to-ai.com/2025/08/27/softbank-needs-openai-to-stay-alive-no-matter-what
video: youtube.com/watch?v=zTYxEVRiCvM&list=UU9rJrMVgcXTfa8xuMnbhAEA
OpenAI IPO proceeds — even as CFO says the company is ‘not ready’ pivot-to-ai.com/2026/04/08/openai-ipo-proceeds-even-as-cfo-says-the-company-is-not-ready
video: pivot-to-ai.com/2026/04/08/openai-ipo-proceeds-even-as-cfo-says-the-company-is-not-ready
Full Pivot to AI playlist: youtube.com/playlist?list=UU9rJrMVgcXTfa8xuMnbhAEA
Audio-only podcast: pivottoai.libsyn.com
Apple Podcasts: podcasts.apple.com/us/podcast/pivot-to-ai/id1844698298
Illustration: stock image by Studiostoks










