# The IPO Clock vs. The Courtroom

- slug: the-ipo-clock-vs-the-courtroom
- date: 2026-04-23
- category: Artificial Intelligence

A federal jury is being asked to unwind the corporate structure behind the most valuable AI company in the world. If it agrees, OpenAI’s potential $1 trillion listing faces an unprecedented complication: a court-ordered restructuring at the exact moment it needs to file its S-1.

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