OpenAI has not announced an official initial public offering (IPO) date as of October 2025. The company operates under a "capped" for-profit model and remains private, with strategic investors like Microsoft. Reports suggest OpenAI is considering going public within the next two years, but no formal plans or a specific timeline have been disclosed yet. The CEO Sam Altman stated in 2023 that there was no intention to go public at that time, but the possibility remains under strategic consideration as the company renegotiates partnership terms for future funding and IPO options. So, the earliest likely OpenAI IPO could happen around 2026 or later, but this is not confirmed.