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RE: LeoThread 2025-11-07 02-39

in LeoFinance12 days ago

Part 2/16:

Looking ahead, OpenAI is gearing up for a landmark Initial Public Offering (IPO), expected to take place in late 2026 or early 2027. The company's ambitious goal is to set the IPO at a staggering $1 trillion valuation and raise over $60 billion from the listing. However, these lofty numbers come with a crucial caveat: the company is currently a cash incinerator, burning through billions of dollars without a clear pathway to profitability.

The Grim Financial Reality: Massive Losses