SoftBank Surges Nearly 20% Amid Reports of OpenAI's Potential IPO

SoftBank shares rose nearly 20% on the Tokyo exchange following reports that OpenAI is preparing to file for an IPO as soon as Friday. As a major shareholder in OpenAI, SoftBank stands to benefit from any potential valuation gains.

By Manshi Mamtora, CFA, SA News Editor · Seeking Alpha · May 21, 2026, 04:13 UTC

SoftBank Surges Nearly 20% Amid Reports of OpenAI's Potential IPO

Topics: IPO OpenAI shareholder SoftBank

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