SoftBank shares sink 12.53% after reports OpenAI weighs delaying IPO to 2027
AI Market Summary
Reports that OpenAI may delay its IPO to 2027 triggered a sharp repricing of SoftBank, viewed as a key public proxy for OpenAI's valuation, sending its shares down ~12.5% and dragging the Nikkei lower. The delay would postpone a market-based valuation benchmark for SoftBank's large stake and extend the timeline for potential liquidity, weighing on risk appetite across growth and tech-linked exposures.
Impact level
● High
Affected assets
NCSIDOWJONES2USD/USDT-0.20%
AI Insight · NCSIDOWJONES2USD/USDTAI Insight
▼ Bearish
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SoftBank Group shares plunged 12.53% in a single session, helping pull the Nikkei 225 down by about 4%. The drop followed media reports that OpenAI is considering pushing a previously planned IPO back to 2027 to maintain a valuation near $1 trillion. SoftBank has agreed to invest another $30 billion in OpenAI, taking its total commitment to about $64.6 billion for an ownership stake of roughly 13%. While a delayed listing would not change SoftBank’s stake, it would push back the first market-based valuation of the investment and any chance to monetize part of it.
