Tenacity's Ben Narasin: Expect OpenAI's IPO to be the second biggest of all time

Watch on YouTube ↗  |  May 19, 2026 at 12:34  |  5:41  |  CNBC
Speakers
Ben Narasin — Tenacity Venture Capital founder

Summary

Ben Narasin discusses the dismissal of Elon Musk's lawsuit against OpenAI on statute of limitations grounds, clearing the way for OpenAI's IPO. He expects OpenAI's IPO to be the second largest of all time and says he would invest seriously. He also compares the size to Saudi Aramco and SpaceX, and believes the IPO market has room for multiple large offerings.

  • Elon Musk's lawsuit against OpenAI dismissed on statute of limitations.
  • Ben Narasin says the ruling unlocks OpenAI's IPO path.
  • He expects OpenAI IPO to be the second biggest of all time.
  • He would put serious money into the OpenAI IPO.
  • He compares the IPO size to Saudi Aramco and SpaceX.
  • He believes there is room for multiple large IPOs without choking the market.
  • The timeline: bankers will push for maximum velocity to get the IPO done.
Trade Ideas
Ben Narasin Tenacity Venture Capital founder 1:57
Bullish on OpenAI IPO.
OpenAI's IPO will be the second biggest of all time, and the removal of the lawsuit obstacle clears the path for the IPO to proceed at full speed. Ben Narasin would put serious money into the company when it goes public, believing it will be a massive, successful offering.
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This CNBC video, published May 19, 2026, features Ben Narasin discussing OPENAI. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Ben Narasin  · Tickers: OPENAI