Altman's $1T Waiting Game Runs Into SoftBank's Clock: $40B Loan Comes Due March 2027
The Motley Fool·medium signal
OpenAI's confidentially-filed S-1 targets a $1 trillion valuation, but the IPO has slipped from late 2026 into 2027 — colliding with the $40B loan SoftBank took on to fund its OpenAI stake, which matures March 2027. It reframes Altman's valuation patience as a financing deadline his largest backer, not he, is running against.