Paris Hilton’s market-implied odds of 77% for “No” on a 2026 pregnancy announcement reflect her established focus on raising Phoenix and London, the two children she and Carter Reum welcomed via surrogacy in 2023. Recent months show the 45-year-old prioritizing family milestones—World Cup appearances with the toddlers, social media glimpses of their daily life, and interviews framing motherhood as her current “sliving” identity—without any credible signals of expansion. Early-2026 comments about loving babies and keeping options open have not translated into visible momentum or public statements. Traders appear to weigh her age, reliance on surrogacy for privacy reasons, and the absence of announcements through September as barriers to a year-end resolution, though any verified interview or red-carpet reveal could quickly adjust sentiment before December 31.