OpenAI’s latest private funding round at an $852 billion valuation has not translated into faster IPO momentum, as internal leadership rifts and mounting losses position the “no IPO by December 31, 2026” outcome as the clear market favorite at 67.5 percent. CEO Sam Altman continues to target a late-2026 listing to capitalize on artificial-intelligence demand, yet CFO Sarah Friar has flagged the timeline as too aggressive given the company’s projected $14 billion 2026 loss and ongoing legal disputes. Recent reports of missed revenue targets and a PitchBook analysis pointing to a more realistic 2027 window have reinforced trader skepticism. With no S-1 filing and heavy compute investments still ahead, the market-implied odds reflect realistic caution around regulatory readiness and profitability timelines for the large-language-model leader.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedNo IPO by December 31, 2026 68%
1.5T+ 8.6%
1.25T–1.5T 3.7%
500–750B 3.5%
$1,638,934 Vol.
$1,638,934 Vol.
<500B
1%
500–750B
3%
750B–1T
2%
1T–1.25T
3%
1.25T–1.5T
4%
1.5T+
9%
No IPO by December 31, 2026
68%
No IPO by December 31, 2026 68%
1.5T+ 8.6%
1.25T–1.5T 3.7%
500–750B 3.5%
$1,638,934 Vol.
$1,638,934 Vol.
<500B
1%
500–750B
3%
750B–1T
2%
1T–1.25T
3%
1.25T–1.5T
4%
1.5T+
9%
No IPO by December 31, 2026
68%
If no IPO occurs by December 31, 2026, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2026".
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: Sep 22, 2025, 8:18 PM ET
Resolver
0x2F5e3684c...If no IPO occurs by December 31, 2026, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2026".
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.
Resolver
0x2F5e3684c...OpenAI’s latest private funding round at an $852 billion valuation has not translated into faster IPO momentum, as internal leadership rifts and mounting losses position the “no IPO by December 31, 2026” outcome as the clear market favorite at 67.5 percent. CEO Sam Altman continues to target a late-2026 listing to capitalize on artificial-intelligence demand, yet CFO Sarah Friar has flagged the timeline as too aggressive given the company’s projected $14 billion 2026 loss and ongoing legal disputes. Recent reports of missed revenue targets and a PitchBook analysis pointing to a more realistic 2027 window have reinforced trader skepticism. With no S-1 filing and heavy compute investments still ahead, the market-implied odds reflect realistic caution around regulatory readiness and profitability timelines for the large-language-model leader.
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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