OpenAI Offers 5% Stake to US Amid IPO Delay Talks

Market participants on Kalshi are pricing a 24% chance that the U.S. government will take a stake in OpenAI this year. This comes despite OpenAI's proposal to grant a 5% equity stake to Washington. That stake would be valued at approximately $42.6 billion. OpenAI CEO Sam Altman presented this proposal to help ease regulatory concerns. The company's current valuation is $852 billion. OpenAI is considering delaying its public debut to 2027 to potentially reach a $1 trillion valuation. The bottom line is that the market shows slim odds for government involvement, even with this significant proposal on the table.