Bloomberg’s Ed Ludlow breaks down OpenAI&#x27;s decision to potentially hold off on an IPO until next year - sending shares of SoftBank falling. Plus, global tech stocks drop after Apple hikes hardware price due to a memory crunch, and SpaceX&#x27;s $25 billion bond sale is off to a rocky start.<br>See omnystudio.com/listener for privacy information.

OpenAI Weighs IPO in 2027

Bloomberg Tech

# Full Transcript

**Podcast:** Bloomberg Tech

## Participants

- **Ed Ludlow** (Bloomberg)

## Transcript

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[SPEAKER_04] Bloomberg Audio Studios. Podcasts. Radio. News. Bloomberg Tech is live from the heart of Silicon Valley with Ed Ludlow in San Francisco.

[SPEAKER_24] This is Bloomberg Tech coming up. OpenAI may hold off on an IPO until next year. The news sending shares of SoftBank falling the most since August 2024. Plus, global tech stocks drop after Apple's hardware price hikes from a memory crunch to dampened consumer demand. Is the iPhone next? And SpaceX's $25 billion bond sale is off to a rocky start. Cracks show as paper losses mount.

[SPEAKER_24] It has been a bruising week for the AI trade and memory has been at the heart of it. This Friday, Apple is rebounding, having dropped the most in 16 months on Thursday because it raised prices across hardware, excluding the iPhone. In part, that is because of higher memory prices. Micron is down significantly, but it surged Thursday because it's benefiting from such tight supply.

[SPEAKER_24] Generally speaking, chip stocks are down. But overnight in Asia, there was basically a change of perspective in the...

OpenAI Weighs IPO in 2027

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

OpenAI Weighs IPO in 2027

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.