OpenAI Files for IPO with SpaceX Debut Well Oversubscribed | Daybreak Europe 6/09/2026

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OpenAI, the maker of ChatGPT, filed confidentially for an IPO, joining artificial intelligence rivals in tapping public markets to fund ambitious growth plans.

SpaceX’s initial public offering is well oversubscribed with multiple institutional investors placing orders for about $10 billion or more of shares in the Elon Musk-led company, according to people familiar with the matter, as demand builds for a potentially record-setting debut.

A rebound in equities that began on Wall Street extended into Asia, as cheaper valuations for artificial intelligence shares lured investors.

Crude oil declined as tensions in the Middle East eased. (Source: Bloomberg)