SoftBank shares dropped 12% on OpenAI IPO delay fears. With over $60B invested and a negative S&P credit outlook, the stakes couldn't be higher.

SoftBank shares dropped 12% on OpenAI IPO delay fears. With over $60B invested and a negative S&P credit outlook, the stakes couldn't be higher.

SoftBank's shares experienced their steepest intraday decline in over three months after reports suggested OpenAI's IPO might face delays due to tech stock volatility.