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SoftBank stock plunges as report says OpenAI is pushing back its IPO

SoftBank holds a roughly $65 billion stake in OpenAI, and expectations of a windfall from a public listing had pushed the stock to record highs

SoftBank stock plunges as report says OpenAI is pushing back its IPO

Published June 26, 2026 · Category: Markets

Overview

SoftBank holds a roughly $65 billion stake in OpenAI, and expectations of a windfall from a public listing had pushed the stock to record highs

Source

Originally published at qz.com.

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