At a Meta town hall, Zuckerberg admitted AI hasn't accelerated as expected, directly challenging OpenAI's $1 trillion IPO thesis. OpenAI lost $38.5 billion in 2025 on $13 billion in revenue and won't reach profitability until 2029, yet Altman holds the $1 trillion target. OECD data shows 14% of US college students read at or below a 10-year-old's level, nearly double the international average. OpenAI confidentially filed its S-1 around May 22, 2026, targeting a Q3 or Q4 2026 debut, but after SpaceX went public in June, fell back to roughly $153 within two weeks—a drop of about 32% from its peak—OpenAI is now reported to be leaning toward delaying its listing to 2027. Altman has reportedly rejected any valuation below the $1 trillion target as a "nonstarter." The company recorded a $38.5 billion net loss in 2025 on roughly $13 billion in revenue, with the operating loss closer to $21 billion, and doesn't expect to turn cash-flow positive until 2029 or 2030. Anthropic, the closest peer, filed confidentially and recently raised capital at a $965 billion valuation. In the OECD's 2023 PIAAC Survey of Adult Skills, 14% of US college students scored at or below Level 1 in literacy, nearly double the OECD average; globally, 8%