OpenAI Targets Q4 2026 IPO at $1 Trillion Valuation with $280 Billion Revenue Target by 2030

OpenAI is reportedly preparing for an IPO in Q4 2026 targeting a valuation of approximately $1 trillion, according to multiple reports. The company has told potential investors it expects $280 billion in annual revenue by 2030, up from $13.1 billion in 2025. ChatGPT has 900 million weekly active users and 50 million paying customers, including 9 million business users. Nearly half of OpenAI's 2026 sales are expected to come from enterprise customers. The company does not expect to be cash flow positive until 2029. OpenAI completed a record-breaking $122 billion funding round earlier in 2026 at an $852 billion post-money valuation, with major investors including SoftBank, Amazon, and NVIDIA. The IPO timeline is competitive with Anthropic, which is also expected to go public in late 2026.