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title: OpenAI filing sets up a trio of trillion-dollar tech IPOs
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# OpenAI filing sets up a trio of trillion-dollar tech IPOs

**[TechCentral](https://daily.dev/sources/techcentral)** · 4 min read · 7 upvotes · 2 comments

## Summary

OpenAI has confidentially filed for a US IPO targeting a valuation of up to $1 trillion, potentially debuting as early as September. This follows rival Anthropic's similar filing on June 1 and SpaceX's record-breaking IPO pursuit at a $1.75 trillion valuation, setting up a rare trio of trillion-dollar market debuts. OpenAI currently generates $2 billion in monthly revenue with 900 million weekly ChatGPT users, but does not expect profitability until 2030. Analysts warn the clustered mega-IPOs could strain public market capital availability for smaller offerings.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcentral.co.za/openai-filing-sets-up-a-trio-of-trillion-dollar-tech-ipos/282427>

## Community discussion

Top comments from developers on daily.dev.

**@keen** · 0 upvotes

> $2 billion with no profit? that's crazy i don't think they're gonna reach profitability until they can find a way to train new models with less GPU and electricity costs than before

**@fabianletsch** · 0 upvotes

> I have no money in the game and I am not willing to put my money where my mouth is, but to me all of them trying to IPO at the same time with crazy evaluations feels like a last big cash grab before it dies.
>
>
> The open weights models are becoming too good, the open source tools are becoming too good... This paired with the fact that hosting these open weights models becomes cheaper and cheaper... I dont see a market for openai and anthropic in the distant future honestly, it already makes more sense to use gemma or kimi with openrouter, this is only going to become even more viable in the...

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---

Tags: [#ai](https://daily.dev/tags/ai), [#openai](https://daily.dev/tags/openai), [#anthropic](https://daily.dev/tags/anthropic), [#spacex](https://daily.dev/tags/spacex), [#ipo](https://daily.dev/tags/ipo)

[View this post on daily.dev](https://daily.dev/posts/openai-filing-sets-up-a-trio-of-trillion-dollar-tech-ipos-f6a5ycref)

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