OpenAI’s latest confirmed post-money valuation stands at $852 billion following its March 2026 round, with secondary-market marks implying roughly $968 billion as of mid-October. Trader focus centers on reports of early-stage talks for a $30 billion-plus pre-IPO bridge round at approximately $1.4 trillion pre-money, supported by annualized revenue run-rate growth from $50 billion at end-September toward a $70 billion year-end target driven by enterprise expansion. SoftBank’s completion of its final $10 billion tranche on October 1 further signals sustained investor commitment. With the IPO now slated for 2027 and no major regulatory or competitive catalysts scheduled before December 31, resolution hinges on whether a new round closes or secondary liquidity validates the higher mark in the remaining weeks.