**Perplexity's CEO Aravind Srinivas confirmed in June 2026 that the AI search startup plans to target an IPO in 2028, independent of how OpenAI and Anthropic listings perform.** This explicit timeline statement, reported across major outlets, has anchored trader sentiment and driven the dominant 61.5% implied probability on no IPO before 2028. Perplexity's most recent private funding rounds valued the company between $18 billion and $20 billion-plus, reflecting strong user growth to roughly 15 million monthly actives and revenue momentum, yet the firm faces no apparent pressure to accelerate. With the 2028 target now the established baseline, lower-probability market-cap brackets (such as 50B–75B or sub-20B) remain sidelined until clearer signals emerge closer to that window or new capital raises shift expectations.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedPerplexity IPO Closing Market Cap
Perplexity IPO Closing Market Cap
No IPO before 2028 64%
50B–75B 7.7%
75B–100B 7.5%
<20B 6.6%
$146,345 Vol.
$146,345 Vol.
Dec 31, 2027
<20B
7%
20B–30B
5%
30B–40B
5%
40B–50B
6%
50B–75B
8%
75B–100B
7%
100B+
5%
No IPO before 2028
64%
No IPO before 2028 64%
50B–75B 7.7%
75B–100B 7.5%
<20B 6.6%
$146,345 Vol.
$146,345 Vol.
Dec 31, 2027
<20B
$4,796 Vol.
7%
20B–30B
$7,781 Vol.
5%
30B–40B
$4,726 Vol.
5%
40B–50B
$4,518 Vol.
6%
50B–75B
$6,808 Vol.
8%
75B–100B
$3,768 Vol.
7%
100B+
$5,224 Vol.
5%
No IPO before 2028
$108,724 Vol.
64%
This market will resolve based on Perplexity's market capitalization at the closing price on its first day of trading.
If no Perplexity IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO before 2028".
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 Perplexity’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.**Perplexity's CEO Aravind Srinivas confirmed in June 2026 that the AI search startup plans to target an IPO in 2028, independent of how OpenAI and Anthropic listings perform.** This explicit timeline statement, reported across major outlets, has anchored trader sentiment and driven the dominant 61.5% implied probability on no IPO before 2028. Perplexity's most recent private funding rounds valued the company between $18 billion and $20 billion-plus, reflecting strong user growth to roughly 15 million monthly actives and revenue momentum, yet the firm faces no apparent pressure to accelerate. With the 2028 target now the established baseline, lower-probability market-cap brackets (such as 50B–75B or sub-20B) remain sidelined until clearer signals emerge closer to that window or new capital raises shift expectations.
This market will resolve based on Perplexity's market capitalization at the closing price on its first day of trading.
If no Perplexity IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO before 2028".
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 Perplexity’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 Perplexity IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO before 2028".
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 Perplexity’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: Jan 5, 2026, 6:06 PM ET
Volume
$146,345End Date
Dec 31, 2027Market Opened
Jan 5, 2026, 6:06 PM ETResolver
0x2F5e3684c...This market will resolve based on Perplexity's market capitalization at the closing price on its first day of trading.
If no Perplexity IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO before 2028".
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 Perplexity’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.**Perplexity's CEO Aravind Srinivas confirmed in June 2026 that the AI search startup plans to target an IPO in 2028, independent of how OpenAI and Anthropic listings perform.** This explicit timeline statement, reported across major outlets, has anchored trader sentiment and driven the dominant 61.5% implied probability on no IPO before 2028. Perplexity's most recent private funding rounds valued the company between $18 billion and $20 billion-plus, reflecting strong user growth to roughly 15 million monthly actives and revenue momentum, yet the firm faces no apparent pressure to accelerate. With the 2028 target now the established baseline, lower-probability market-cap brackets (such as 50B–75B or sub-20B) remain sidelined until clearer signals emerge closer to that window or new capital raises shift expectations.
This market will resolve based on Perplexity's market capitalization at the closing price on its first day of trading.
If no Perplexity IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO before 2028".
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 Perplexity’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 Perplexity IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO before 2028".
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 Perplexity’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
$146,345End Date
Dec 31, 2027Market Opened
Jan 5, 2026, 6:06 PM ETResolver
0x2F5e3684c...**Perplexity's CEO Aravind Srinivas confirmed in June 2026 that the AI search startup plans to target an IPO in 2028, independent of how OpenAI and Anthropic listings perform.** This explicit timeline statement, reported across major outlets, has anchored trader sentiment and driven the dominant 61.5% implied probability on no IPO before 2028. Perplexity's most recent private funding rounds valued the company between $18 billion and $20 billion-plus, reflecting strong user growth to roughly 15 million monthly actives and revenue momentum, yet the firm faces no apparent pressure to accelerate. With the 2028 target now the established baseline, lower-probability market-cap brackets (such as 50B–75B or sub-20B) remain sidelined until clearer signals emerge closer to that window or new capital raises shift expectations.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
Beware of external links.
Beware of external links.
Frequently Asked Questions