OpenAI is reportedly preparing to move quickly toward an initial public offering (IPO).

The ChatGPT company is confidentially filing for a U.S. IPO in the coming weeks, a source familiar with the matter said on Wednesday, adding to a wave of blockbuster ‌listings anticipated in the year ahead.

The plan by OpenAI, which was last valued at $852 billion, comes two days after it fended off an existential court challenge from Elon Musk and threatens to upstage SpaceX's IPO filing, expected later in the day.

"Resolving that legal overhang removed a major obstacle to an........

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