IPO / NASDAQIn 111 days

OpenAI IPO

Exchange
NASDAQ
Valuation
$1000B
Status
expected
NASDAQ Fast Entry Eligible
Under the May 2026 rule, this company qualifies for NASDAQ-100 inclusion within 15 trading days with a 3× weight multiplier — forcing QQQ and other passive ETFs to buy significant positions.

What is the OpenAI IPO?

OpenAI developed ChatGPT and the GPT-4/o series of large language models, which have become the most widely used AI tools globally. With over 300 million weekly users and growing enterprise revenue, OpenAI is valued at approximately $300 billion as of 2026.

Why does it matter for investors?

OpenAI's IPO is anticipated in 2026 Q4. Its scale and valuation would make it an immediate top-40 NASDAQ-100 candidate, triggering the Fast Entry Rule. Passive ETF forced buying could be among the largest in NASDAQ history given OpenAI's valuation.

What to watch for

  • IPO price range and final offer price
  • Opening day trading volume and first-day return
  • Lock-up expiration date (typically 180 days post-IPO)
  • NASDAQ-100 Fast Entry Rule eligibility and timeline

What is the OpenAI IPO valuation?

Check the valuation listed on this page. Valuations for pre-IPO companies are based on the most recent private funding rounds.

What is the NASDAQ Fast Entry Rule?

Starting May 1, 2026, companies ranking in the top-40 NASDAQ-100 by market cap can be added within 15 trading days of their IPO with a 3× weight multiplier, forcing passive ETFs like QQQ to buy large positions immediately.