OpenAI is gearing up for an initial public offering as early as September, sources told the Wall Street Journal. The AI firm moves forward after Elon Musk’s lawsuit— which threatened the company’s structure, leadership and finances—was dismissed. Chief executive Sam Altman is reportedly working with Goldman Sachs and Morgan Stanley to file a confidential registration statement within days or weeks. The filing comes amid expectations that SpaceX, now a rival after acquiring xAI, will soon submit its own IPO paperwork, setting up a high‑stakes showdown on Wall Street.
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