SpaceX’s June 2026 IPO at a $1.77 trillion valuation, the largest ever, underpins the 93.6% market-implied probability it will post the higher IPO market cap versus OpenAI. Traders cite Starlink’s profitable satellite connectivity revenue, vertical integration across launch, hardware, and emerging orbital AI compute capabilities, plus the company’s post-IPO trading range near $1.5–1.9 trillion as durable advantages. OpenAI remains private at an $852 billion mark with a 2027 listing target, even as its annualized revenue run rate approaches $40 billion. A credible path to a $1 trillion-plus OpenAI debut driven by sustained large language model adoption and enterprise growth could narrow the gap, though current capital commitments and timelines favor SpaceX’s established scale.
Résumé expérimental généré par IA à partir des données Polymarket. Ceci n'est pas un conseil de trading et ne joue aucun rôle dans la résolution de ce marché. · Mis à jourSpaceX
$11,260 Vol.
$11,260 Vol.
SpaceX
$11,260 Vol.
$11,260 Vol.
This market will resolve to “OpenAI” if the official closing price for OpenAI’s market capitalization on its first trading day is above the official closing price for SpaceX’s market capitalization on its first trading day.
This market will resolve to the company that completes an Initial Public Offering (IPO) by December 31, 2027, 11:59 PM ET, if the other company does not complete an IPO within the market timeframe. This market will resolve to the IPOed company as soon as it becomes impossible for the other company to complete an IPO within the market timeframe, including due to acquisition, merger, or absorption by an entity that is already publicly traded.
This market will resolve 50-50 if:
- Neither IPO occurs by December 31, 2027, 11:59 PM ET.
- Both SpaceX and OpenAI complete an IPO within this market's timeframe, and their IPO closing market capitalizations are exactly equal.
- Both companies become unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.
Market capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.
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 the respective companies’ 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.
Marché ouvert : Jan 30, 2026, 6:12 PM ET
Resolver
0x65070BE91...This market will resolve to “OpenAI” if the official closing price for OpenAI’s market capitalization on its first trading day is above the official closing price for SpaceX’s market capitalization on its first trading day.
This market will resolve to the company that completes an Initial Public Offering (IPO) by December 31, 2027, 11:59 PM ET, if the other company does not complete an IPO within the market timeframe. This market will resolve to the IPOed company as soon as it becomes impossible for the other company to complete an IPO within the market timeframe, including due to acquisition, merger, or absorption by an entity that is already publicly traded.
This market will resolve 50-50 if:
- Neither IPO occurs by December 31, 2027, 11:59 PM ET.
- Both SpaceX and OpenAI complete an IPO within this market's timeframe, and their IPO closing market capitalizations are exactly equal.
- Both companies become unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.
Market capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.
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 the respective companies’ 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.
Resolver
0x65070BE91...SpaceX’s June 2026 IPO at a $1.77 trillion valuation, the largest ever, underpins the 93.6% market-implied probability it will post the higher IPO market cap versus OpenAI. Traders cite Starlink’s profitable satellite connectivity revenue, vertical integration across launch, hardware, and emerging orbital AI compute capabilities, plus the company’s post-IPO trading range near $1.5–1.9 trillion as durable advantages. OpenAI remains private at an $852 billion mark with a 2027 listing target, even as its annualized revenue run rate approaches $40 billion. A credible path to a $1 trillion-plus OpenAI debut driven by sustained large language model adoption and enterprise growth could narrow the gap, though current capital commitments and timelines favor SpaceX’s established scale.
Résumé expérimental généré par IA à partir des données Polymarket. Ceci n'est pas un conseil de trading et ne joue aucun rôle dans la résolution de ce marché. · Mis à jour


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