Discord’s confidential SEC filing in January 2026, advised by Goldman Sachs and J.P. Morgan, has advanced IPO preparations while private-market pricing has settled near $8.5 billion on Forge Global, down sharply from the 2021 peak above $15 billion despite revenue roughly doubling to around $600 million. This valuation reset and the absence of a confirmed pricing window or roadshow underpin the tight contest between the 8–11 billion closing-market-cap bucket at 24.5 percent implied probability and the 19.8 percent chance of no IPO by December 31, 2027. Traders weigh user-growth momentum against monetization hurdles and broader tech-IPO market conditions, with any firm listing timeline or updated financial disclosures likely to shift the narrow spread between these leading outcomes.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated8–11B 25%
No IPO by December 31, 2027 19.8%
<5B 17%
20B+ 16.0%
$26,128 Vol.
$26,128 Vol.
Dec 31, 2027
<5B
17%
5–8B
13%
8–11B
25%
11–14B
3%
14–17B
3%
17–20B
10%
20B+
16%
No IPO by December 31, 2027
20%
8–11B 25%
No IPO by December 31, 2027 19.8%
<5B 17%
20B+ 16.0%
$26,128 Vol.
$26,128 Vol.
Dec 31, 2027
<5B
$1,780 Vol.
17%
5–8B
$2,716 Vol.
13%
8–11B
$10,871 Vol.
25%
11–14B
$2,154 Vol.
3%
14–17B
$1,292 Vol.
3%
17–20B
$3,762 Vol.
10%
20B+
$870 Vol.
16%
No IPO by December 31, 2027
$2,684 Vol.
20%
This market will resolve based on Discord's market capitalization at the closing price on its first day of trading.
If no such IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency.
It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.Discord’s confidential SEC filing in January 2026, advised by Goldman Sachs and J.P. Morgan, has advanced IPO preparations while private-market pricing has settled near $8.5 billion on Forge Global, down sharply from the 2021 peak above $15 billion despite revenue roughly doubling to around $600 million. This valuation reset and the absence of a confirmed pricing window or roadshow underpin the tight contest between the 8–11 billion closing-market-cap bucket at 24.5 percent implied probability and the 19.8 percent chance of no IPO by December 31, 2027. Traders weigh user-growth momentum against monetization hurdles and broader tech-IPO market conditions, with any firm listing timeline or updated financial disclosures likely to shift the narrow spread between these leading outcomes.
This market will resolve based on Discord's market capitalization at the closing price on its first day of trading.
If no such IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency.
It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.
If no such IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency.
It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.
Market Opened: Jun 26, 2026, 5:50 PM ET
Volume
$26,128End Date
Dec 31, 2027Market Opened
Jun 26, 2026, 5:50 PM ETResolver
0x69c47De9D...This market will resolve based on Discord's market capitalization at the closing price on its first day of trading.
If no such IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency.
It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.Discord’s confidential SEC filing in January 2026, advised by Goldman Sachs and J.P. Morgan, has advanced IPO preparations while private-market pricing has settled near $8.5 billion on Forge Global, down sharply from the 2021 peak above $15 billion despite revenue roughly doubling to around $600 million. This valuation reset and the absence of a confirmed pricing window or roadshow underpin the tight contest between the 8–11 billion closing-market-cap bucket at 24.5 percent implied probability and the 19.8 percent chance of no IPO by December 31, 2027. Traders weigh user-growth momentum against monetization hurdles and broader tech-IPO market conditions, with any firm listing timeline or updated financial disclosures likely to shift the narrow spread between these leading outcomes.
This market will resolve based on Discord's market capitalization at the closing price on its first day of trading.
If no such IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency.
It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.
If no such IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency.
It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.
Volume
$26,128End Date
Dec 31, 2027Market Opened
Jun 26, 2026, 5:50 PM ETResolver
0x69c47De9D...Discord’s confidential SEC filing in January 2026, advised by Goldman Sachs and J.P. Morgan, has advanced IPO preparations while private-market pricing has settled near $8.5 billion on Forge Global, down sharply from the 2021 peak above $15 billion despite revenue roughly doubling to around $600 million. This valuation reset and the absence of a confirmed pricing window or roadshow underpin the tight contest between the 8–11 billion closing-market-cap bucket at 24.5 percent implied probability and the 19.8 percent chance of no IPO by December 31, 2027. Traders weigh user-growth momentum against monetization hurdles and broader tech-IPO market conditions, with any firm listing timeline or updated financial disclosures likely to shift the narrow spread between these leading outcomes.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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Frequently Asked Questions