OpenAI has secretly filed for an IPO and may go public as early as this fall.

CoinFeed reported on June 9th, citing Bloomberg, that OpenAI announced on Monday that it has secretly filed for an IPO with the U.S. Securities and Exchange Commission (SEC) and is working with Goldman Sachs and Morgan Stanley to advance the listing process. Sources familiar with the matter said OpenAI could go public as early as this fall. OpenAI stated that it has not yet decided on a specific timeframe and it may still take some time, as certain things are easier to handle as a private company, but this move provides it with the option to go public earlier. OpenAI also plans to launch a share sale in the coming weeks to provide liquidity for its employees. Meanwhile, competitor Anthropic also secretly filed for an IPO last week, with its latest funding round valuing the company at $965 billion, surpassing OpenAI for the first time. SpaceX plans to IPO on Thursday at a valuation of approximately $1.8 trillion.