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 (Aya Wagatsuma/Bloomberg)

Techmeme ·

SoftBank stock dropped after reports that OpenAI may delay its IPO, weakening expectations for a near-term investment windfall.

Categories: Money & Moves

Excerpt

<a href="https://www.bloomberg.com/news/articles/2026-06-26/softbank-s-shares-tumble-after-report-of-openai-s-ipo-delay"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260625/i60.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260625/p60#a260625p60" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Aya Wagatsuma / <a href="https://www.bloomberg.com/">Bloomberg</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-06-26/softbank-s-shares-tumble-after-report-of-openai-s-ipo-delay">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</a></b></span>&nbsp; &mdash;&nbsp; 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.</p>