
Aya Wagatsuma / Bloomberg:
SoftBank shares fell 12% after reports that OpenAI may delay its IPO until 2027; expectations of a windfall from OpenAI's debut helped support Softbank's stock — SoftBank Group Corp.'s stock fell by 12% on concerns that OpenAI may hold off on an initial public offering until next year and delay returns for its Japanese backer.

Aya Wagatsuma / Bloomberg:
SoftBank shares fell 12% after reports that OpenAI may delay its IPO until 2027; expectations of a windfall from OpenAI's debut helped support Softbank's stock — SoftBank Group Corp.'s stock fell by 12% on concerns that OpenAI may hold off on an initial public offering until next year and delay returns for its Japanese backer.
Source: TechMeme
Source Link: https://www.techmeme.com/260625/p60#a260625p60