OpenAI's confidential S-1 filing in mid-2026 and pursuit of a $1 trillion-plus valuation have shaped trader sentiment, yet the spread across brackets underscores timing risks and valuation hurdles. Recent private rounds reached $730–852 billion, with strong revenue growth to roughly $2 billion monthly from ChatGPT and enterprise APIs, but persistent losses and competitive pressures from rivals like Anthropic limit consensus on a premium listing. A recent $7 billion tender offer at a $500 billion level highlights liquidity dynamics ahead of any debut, while reports of a potential 2027 delay to secure higher pricing contribute to the 9.5% probability of no IPO by end-2027. Key near-term catalysts include SEC review progress and broader equity market conditions affecting IPO multiples.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated1.5T+ 32.6%
1T–1.25T 21.3%
1.25T–1.5T 21%
750B–1T 12%
$84,936 Vol.
$84,936 Vol.
Dec 31, 2027
<500B
<1%
500–750B
3%
750B–1T
12%
1T–1.25T
21%
1.25T–1.5T
21%
1.5T+
33%
No IPO by December 31, 2027
10%
1.5T+ 32.6%
1T–1.25T 21.3%
1.25T–1.5T 21%
750B–1T 12%
$84,936 Vol.
$84,936 Vol.
Dec 31, 2027
<500B
$6,079 Vol.
<1%
500–750B
$8,207 Vol.
3%
750B–1T
$8,975 Vol.
12%
1T–1.25T
$13,974 Vol.
21%
1.25T–1.5T
$8,431 Vol.
21%
1.5T+
$20,040 Vol.
33%
No IPO by December 31, 2027
$19,231 Vol.
10%
This market will resolve based on OpenAI's market capitalization at the closing price on its first day of trading.
If no 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 number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on OpenAI’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 as the first day of trading for purposes of this market.OpenAI's confidential S-1 filing in mid-2026 and pursuit of a $1 trillion-plus valuation have shaped trader sentiment, yet the spread across brackets underscores timing risks and valuation hurdles. Recent private rounds reached $730–852 billion, with strong revenue growth to roughly $2 billion monthly from ChatGPT and enterprise APIs, but persistent losses and competitive pressures from rivals like Anthropic limit consensus on a premium listing. A recent $7 billion tender offer at a $500 billion level highlights liquidity dynamics ahead of any debut, while reports of a potential 2027 delay to secure higher pricing contribute to the 9.5% probability of no IPO by end-2027. Key near-term catalysts include SEC review progress and broader equity market conditions affecting IPO multiples.
This market will resolve based on OpenAI's market capitalization at the closing price on its first day of trading.
If no 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 number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on OpenAI’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 as the first day of trading for purposes of this market.
If no 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 number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on OpenAI’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 as the first day of trading for purposes of this market.
Market Opened: Feb 6, 2026, 6:07 PM ET
Volume
$84,936End Date
Dec 31, 2027Market Opened
Feb 6, 2026, 6:07 PM ETResolver
0x2F5e3684c...This market will resolve based on OpenAI's market capitalization at the closing price on its first day of trading.
If no 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 number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on OpenAI’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 as the first day of trading for purposes of this market.OpenAI's confidential S-1 filing in mid-2026 and pursuit of a $1 trillion-plus valuation have shaped trader sentiment, yet the spread across brackets underscores timing risks and valuation hurdles. Recent private rounds reached $730–852 billion, with strong revenue growth to roughly $2 billion monthly from ChatGPT and enterprise APIs, but persistent losses and competitive pressures from rivals like Anthropic limit consensus on a premium listing. A recent $7 billion tender offer at a $500 billion level highlights liquidity dynamics ahead of any debut, while reports of a potential 2027 delay to secure higher pricing contribute to the 9.5% probability of no IPO by end-2027. Key near-term catalysts include SEC review progress and broader equity market conditions affecting IPO multiples.
This market will resolve based on OpenAI's market capitalization at the closing price on its first day of trading.
If no 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 number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on OpenAI’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 as the first day of trading for purposes of this market.
If no 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 number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on OpenAI’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 as the first day of trading for purposes of this market.
Volume
$84,936End Date
Dec 31, 2027Market Opened
Feb 6, 2026, 6:07 PM ETResolver
0x2F5e3684c...OpenAI's confidential S-1 filing in mid-2026 and pursuit of a $1 trillion-plus valuation have shaped trader sentiment, yet the spread across brackets underscores timing risks and valuation hurdles. Recent private rounds reached $730–852 billion, with strong revenue growth to roughly $2 billion monthly from ChatGPT and enterprise APIs, but persistent losses and competitive pressures from rivals like Anthropic limit consensus on a premium listing. A recent $7 billion tender offer at a $500 billion level highlights liquidity dynamics ahead of any debut, while reports of a potential 2027 delay to secure higher pricing contribute to the 9.5% probability of no IPO by end-2027. Key near-term catalysts include SEC review progress and broader equity market conditions affecting IPO multiples.
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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