Discord’s confidential January 2026 SEC filing and retention of Goldman Sachs and JPMorgan have yet to yield a public S-1, shifting the base case for an IPO into 2027 amid softer conditions for consumer platforms versus AI listings. Secondary-market indications from Forge Global have stabilized near $8.5 billion as of late August 2026—well below the 2021 $15 billion peak—reflecting compressed multiples for a business with roughly 200 million monthly active users and $600–900 million in annualized recurring revenue from Nitro subscriptions. Trader consensus prices the 8–11 billion closing market-cap bracket at 24.5 percent, narrowly ahead of the 21.3 percent chance of no IPO by December 31, 2027, underscoring uncertainty around timing and pricing discipline. A public filing or improved equity-market sentiment for non-AI names would represent the clearest near-term catalyst.
Experimentelle KI-generierte Zusammenfassung mit Polymarket-Daten. Dies ist keine Handelsberatung und spielt keine Rolle bei der Auflösung dieses Marktes. · AktualisiertDiscord IPO Closing Marktkapitalisierung
8–11 Mrd. 25%
Kein Börsengang bis zum 31. Dezember 2027 21.3%
11–14 Mrd. 15.4%
5–8 Mrd. 10.8%
$44,305 Vol.
$44,305 Vol.
<5 Mrd.
8%
5–8 Mrd.
11%
8–11 Mrd.
25%
11–14 Mrd.
15%
14–17 Mrd.
5%
17–20 Mrd.
7%
20 Mrd.+
8%
Kein Börsengang bis zum 31. Dezember 2027
21%
8–11 Mrd. 25%
Kein Börsengang bis zum 31. Dezember 2027 21.3%
11–14 Mrd. 15.4%
5–8 Mrd. 10.8%
$44,305 Vol.
$44,305 Vol.
<5 Mrd.
8%
5–8 Mrd.
11%
8–11 Mrd.
25%
11–14 Mrd.
15%
14–17 Mrd.
5%
17–20 Mrd.
7%
20 Mrd.+
8%
Kein Börsengang bis zum 31. Dezember 2027
21%
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.
Markt eröffnet: Jun 26, 2026, 5:50 PM ET
Abwickler
0x69c47De9D...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.
Abwickler
0x69c47De9D...Discord’s confidential January 2026 SEC filing and retention of Goldman Sachs and JPMorgan have yet to yield a public S-1, shifting the base case for an IPO into 2027 amid softer conditions for consumer platforms versus AI listings. Secondary-market indications from Forge Global have stabilized near $8.5 billion as of late August 2026—well below the 2021 $15 billion peak—reflecting compressed multiples for a business with roughly 200 million monthly active users and $600–900 million in annualized recurring revenue from Nitro subscriptions. Trader consensus prices the 8–11 billion closing market-cap bracket at 24.5 percent, narrowly ahead of the 21.3 percent chance of no IPO by December 31, 2027, underscoring uncertainty around timing and pricing discipline. A public filing or improved equity-market sentiment for non-AI names would represent the clearest near-term catalyst.
Experimentelle KI-generierte Zusammenfassung mit Polymarket-Daten. Dies ist keine Handelsberatung und spielt keine Rolle bei der Auflösung dieses Marktes. · Aktualisiert



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