Discord’s confidential January 2026 SEC filing, followed by the absence of a public S-1 and missed 2026 listing targets, has driven the 78.5% market-implied probability of no IPO by December 31, 2027. Secondary-market valuations have stabilized near $8.5 billion—well below the 2021 $15 billion peak—with Forge prices at approximately $36.79 per share as of mid-September 2026, reflecting compressed multiples for consumer platforms amid stronger demand for AI and infrastructure names. With roughly 200 million monthly active users and annualized revenue in the $600–900 million range, any eventual debut would likely price conservatively to support first-day stability, though the lack of visible progress keeps the no-IPO outcome dominant in trader consensus. Key near-term catalysts include a potential public filing or shifts in equity-market sentiment for non-AI listings.
Ringkasan eksperimental yang dihasilkan AI dengan referensi data Polymarket. Ini bukan saran trading dan tidak berperan dalam bagaimana pasar ini diselesaikan. · DiperbaruiNo IPO by December 31, 2027 78.6%
11–14B 7.8%
20B+ 4.9%
8–11B 3.6%
$88,008 Vol.
$88,008 Vol.
Dec 31, 2027
<5B
2%
5–8B
1%
8–11B
4%
11–14B
8%
14–17B
1%
17–20B
2%
20B+
5%
No IPO by December 31, 2027
79%
No IPO by December 31, 2027 78.6%
11–14B 7.8%
20B+ 4.9%
8–11B 3.6%
$88,008 Vol.
$88,008 Vol.
Dec 31, 2027
<5B
$16,185 Vol.
2%
5–8B
$5,065 Vol.
1%
8–11B
$14,194 Vol.
4%
11–14B
$11,084 Vol.
8%
14–17B
$3,011 Vol.
1%
17–20B
$5,507 Vol.
2%
20B+
$5,180 Vol.
5%
No IPO by December 31, 2027
$27,781 Vol.
79%
This market will resolve based on Discord's market capitalization at the closing price on its first day of trading.
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.Discord’s confidential January 2026 SEC filing, followed by the absence of a public S-1 and missed 2026 listing targets, has driven the 78.5% market-implied probability of no IPO by December 31, 2027. Secondary-market valuations have stabilized near $8.5 billion—well below the 2021 $15 billion peak—with Forge prices at approximately $36.79 per share as of mid-September 2026, reflecting compressed multiples for consumer platforms amid stronger demand for AI and infrastructure names. With roughly 200 million monthly active users and annualized revenue in the $600–900 million range, any eventual debut would likely price conservatively to support first-day stability, though the lack of visible progress keeps the no-IPO outcome dominant in trader consensus. Key near-term catalysts include a potential public filing or shifts in equity-market sentiment for non-AI listings.
This market will resolve based on Discord's market capitalization at the closing price on its first day of trading.
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.
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.
Pasar Dibuka: Jun 26, 2026, 5:50 PM ET
Volume
$88,008Tanggal Berakhir
Jan 1, 2028Pasar Dibuka
Jun 26, 2026, 5:50 PM ETResolver
0x69c47De9D...This market will resolve based on Discord's market capitalization at the closing price on its first day of trading.
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.Discord’s confidential January 2026 SEC filing, followed by the absence of a public S-1 and missed 2026 listing targets, has driven the 78.5% market-implied probability of no IPO by December 31, 2027. Secondary-market valuations have stabilized near $8.5 billion—well below the 2021 $15 billion peak—with Forge prices at approximately $36.79 per share as of mid-September 2026, reflecting compressed multiples for consumer platforms amid stronger demand for AI and infrastructure names. With roughly 200 million monthly active users and annualized revenue in the $600–900 million range, any eventual debut would likely price conservatively to support first-day stability, though the lack of visible progress keeps the no-IPO outcome dominant in trader consensus. Key near-term catalysts include a potential public filing or shifts in equity-market sentiment for non-AI listings.
This market will resolve based on Discord's market capitalization at the closing price on its first day of trading.
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.
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.
Volume
$88,008Tanggal Berakhir
Jan 1, 2028Pasar Dibuka
Jun 26, 2026, 5:50 PM ETResolver
0x69c47De9D...Discord’s confidential January 2026 SEC filing, followed by the absence of a public S-1 and missed 2026 listing targets, has driven the 78.5% market-implied probability of no IPO by December 31, 2027. Secondary-market valuations have stabilized near $8.5 billion—well below the 2021 $15 billion peak—with Forge prices at approximately $36.79 per share as of mid-September 2026, reflecting compressed multiples for consumer platforms amid stronger demand for AI and infrastructure names. With roughly 200 million monthly active users and annualized revenue in the $600–900 million range, any eventual debut would likely price conservatively to support first-day stability, though the lack of visible progress keeps the no-IPO outcome dominant in trader consensus. Key near-term catalysts include a potential public filing or shifts in equity-market sentiment for non-AI listings.
Ringkasan eksperimental yang dihasilkan AI dengan referensi data Polymarket. Ini bukan saran trading dan tidak berperan dalam bagaimana pasar ini diselesaikan. · Diperbarui
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