Discord's confidential January 2026 SEC filing has not advanced to a public S-1, leaving timing uncertain amid softer secondary-market valuations near $8.5 billion as of mid-2026, down from prior $15 billion references. Traders weigh revenue near $550 million against monetization progress through ads and Nitro subscriptions, plus a 200 million-plus monthly active user base, while factoring in broader IPO market conditions and the new CEO's focus since 2025. The closely contested buckets around 8–11 billion versus no IPO by late 2027 reflect uncertainty over potential H2 2026 listing windows, SEC review pace, and final pricing multiples relative to peers.
Eksperimental na AI-generated summary na nire-reference ang Polymarket data. Hindi ito trading advice at wala itong papel sa kung paano nire-resolve ang market na ito. · Na-updateDiscord IPO Closing Market Cap
8–11B 25%
No IPO by December 31, 2027 22.5%
<5B 16%
20B+ 15.1%
$30,531 Vol.
$30,531 Vol.
<5B
16%
5–8B
11%
8–11B
25%
11–14B
9%
14–17B
2%
17–20B
7%
20B+
15%
No IPO by December 31, 2027
23%
8–11B 25%
No IPO by December 31, 2027 22.5%
<5B 16%
20B+ 15.1%
$30,531 Vol.
$30,531 Vol.
<5B
16%
5–8B
11%
8–11B
25%
11–14B
9%
14–17B
2%
17–20B
7%
20B+
15%
No IPO by December 31, 2027
23%
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.
Binuksan ang Market: Jun 26, 2026, 5:50 PM ET
Resolver
0x69c47De9D...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.
Resolver
0x69c47De9D...Discord's confidential January 2026 SEC filing has not advanced to a public S-1, leaving timing uncertain amid softer secondary-market valuations near $8.5 billion as of mid-2026, down from prior $15 billion references. Traders weigh revenue near $550 million against monetization progress through ads and Nitro subscriptions, plus a 200 million-plus monthly active user base, while factoring in broader IPO market conditions and the new CEO's focus since 2025. The closely contested buckets around 8–11 billion versus no IPO by late 2027 reflect uncertainty over potential H2 2026 listing windows, SEC review pace, and final pricing multiples relative to peers.
Eksperimental na AI-generated summary na nire-reference ang Polymarket data. Hindi ito trading advice at wala itong papel sa kung paano nire-resolve ang market na ito. · Na-update



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