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OpenAI Files Draft S-1 at $852 billion Valuation as ChatGPT Hits 900M Weekly Users

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Jamie Redman.

OpenAI, the company behind ChatGPT, filed a confidential draft S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) on Monday, positioning itself for a potential public offering that could rank among the largest in market history.

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Summary

OpenAI, the company behind ChatGPT, filed a confidential draft S-1 registration statement with the U.S. OpenAI filed a confidential S-1 with the SEC on June 8, 2026, at an $852 billion post-money valuation with no confirmed IPO date. The filing follows Anthropic’s June 1 confidential S-1 and a May 2026 jury win clearing OpenAI’s Public Benefit Corporation restructuring. Goldman Sachs and Morgan Stanley are lined up as underwriters, with a September 2026 debut reported but not confirmed by OpenAI. The company acknowledged the submission that circulated widely across social media.

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