OpenAI investors believe they can cash in — perhaps to the tune of $1 trillion — if the company launches on the stock market soon, and Elon Musk's lawsuit against OpenAI has been dismissed at trial on a technicality. Sources at Goldman Sachs and Morgan Stanley told reporters at the Wall Street Journal that the OpenAI IPO would be filed with regulators as early as this Friday, and though plans remain "fluid," OpenAI shares could debut on the NYSE as soon as September. Musk says he plans to appeal the trial verdict. OpenAI may be losing money to the tune of $1 billion a month and struggling to convert more than 5% of ChatGPT users to paid customers. CEO Sam Altman confirmed he has investments in the company via a fund at YCombinator, despite telling the U.S. Senate in 2023 he had no financial stake; he is now the target of a probe led by GOP members of the House Oversight Committee.