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OpenAI Files S-1, Demands $1T Valuation Amid $38.5B Loss

7/7/2026

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Summary

Story summary

OpenAI filed an S-1 on June 8, 2026, with CEO Sam Altman stating the company will not go public unless valued at $1 trillion.
OpenAI, valued at $852 billion, posted a $38.5 billion net loss in 2025 on $13 billion revenue and has a 27 percent stake by Microsoft worth $230 billion.
Investors can gain indirect exposure via tech stocks or funds like Ark Venture Fund and Destiny 100, though these charge fees and own a slice of OpenAI.

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Story summary

OpenAI filed an S-1 on June 8, 2026, with CEO Sam Altman stating the company will not go public unless valued at $1 trillion.
OpenAI, valued at $852 billion, posted a $38.5 billion net loss in 2025 on $13 billion revenue and has a 27 percent stake by Microsoft worth $230 billion.
Investors can gain indirect exposure via tech stocks or funds like Ark Venture Fund and Destiny 100, though these charge fees and own a slice of OpenAI.