Matt Levine, Columnist

OpenAI Is Almost Public

Also Snaptivism, karaoke, umami and swearing at Claude.

April 1, 2026 at 5:58 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Today Bloomberg’s Bailey Lipschultz and Edward Ludlow report that SpaceX filed for the largest initial public offering ever:

But Bloomberg’s Shirin Ghaffary reports that OpenAI did an even bigger deal: