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SoftBank group shares surge almost 20% on OpenAI, SB Energy IPOs

Posted on May 21, 2026
By Business News Today
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1 min read

SoftBank group shares surge almost 20% on OpenAI, SB Energy IPOs

SoftBank Group stocks have surged significantly. This rise follows reports that two SoftBank-backed companies, OpenAI and SB Energy, are preparing for initial public offerings in the United States. OpenAI, the creator of ChatGPT, is reportedly planning a fall debut. SB Energy, focused on data center energy infrastructure, also announced its IPO plans.