Name: OpenAI IPO by...?
Start: 2025-10-30T00:36:03.200335Z
End: 2026-12-31T00:00:00Z

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This market will resolve to "Yes" if OpenAI completes an Initial Public Offering (IPO) by the listed date ET, as confirmed by official company announcements and credible news sources. Otherwise, this market will resolve to "No".

The IPO refers to the first sale of stock by the listed company to the public on any recognized stock exchange.

If OpenAI is acquired by another company that is already public, this market will immediately resolve to "No."

The resolution source for this market is a consensus of credible reporting.

December 31, 2025

June 30, 2026

December 31, 2026

OpenAI IPO by...?

This market will resolve to “Yes” if OpenAI completes an initial public offering (IPO) valued at $1 trillion USD or higher at the time of the IPO by December 31, 2026, 11:59 PM ET. Otherwise, it will resolve to “No.”

An “initial public offering (IPO)” refers to the first sale of OpenAI’s equity securities to the public through a regulated stock exchange.

OpenAI will be considered to have achieved a $1 trillion valuation if the market capitalization implied by the IPO offering price multiplied by the total number of outstanding shares equals or exceeds $1 trillion USD.

Announcements, filings, or planned IPOs that do not result in public trading by that time will not qualify. Private funding rounds, secondary share sales, or employee-share transactions will not be considered. A direct listing or merger via SPAC will qualify only if it results in OpenAI’s common shares becoming publicly traded for the first time on a major exchange.

If OpenAI’s IPO is priced before the resolution deadline but public trading has not yet commenced, the market may remain open for up to 30 calendar days to determine whether the IPO is completed.

If OpenAI is acquired, dissolved, or merged into another entity before an IPO occurs, this market will resolve to “No.” In the event of a restructuring, the market will resolve based on the entity legally recognized as OpenAI’s successor will 

The resolution source will be a consensus for credible reporting.

OpenAI $1t+ IPO before 2027?

This market will resolve based on OpenAI's market capitalization at the closing price on its first day of trading.

If no IPO occurs by December 31, 2026, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2026".

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 OpenAI’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.

Will OpenAI not IPO by December 31, 2026?

This market will resolve to "Yes" if OpenAI achieves a public valuation of $1 trillion USD or more, or raises a private funding round that values the company at $1 trillion or more between June 22 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No."

To qualify, the valuation must be explicitly confirmed by OpenAI or an overwhelming consensus of credible reporting. 

The resolution source will be OpenAI’s official communications, however a consensus of credible reporting may also be used.

OpenAI $1T+ valuation in 2025?

This market will resolve to “Yes” if credible reporting confirms that Elon Musk, either personally or through an entity led by him, enters into an agreement to buy OpenAI (or the nonprofit that controls OpenAI) by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

An announced agreement between Elon Musk and OpenAI will qualify for a “Yes” resolution, regardless of whether the acquisition is ultimately completed.

An agreement to merge with an entity led by Elon Musk will count toward "Yes" resolution.

The primary resolution source for this market is official information from Elon Musk, Sam Altman, and/or OpenAI however a consensus of credible reporting will also be used.

Will Elon Musk buy OpenAI in 2025?

This market will resolve to "Yes" if OpenAI or an official representative of the company announces that it has created an artificial general intelligence (AGI) by December 31, 2025 ET. Otherwise, this market will resolve to "No".

The primary resolution source for this market will be official information from OpenAI and/or its official representative, however a consensus of credible reporting will also be used.


OpenAI announces it has achieved AGI in 2025?

This market will resolve to "Yes" if OpenAI or an official representative of the company announces that it has created an artificial general intelligence (AGI) by December 31, 2026 ET. Otherwise, this market will resolve to "No".

The primary resolution source for this market will be official information from OpenAI and/or its official representative, however a consensus of credible reporting will also be used.

OpenAI announces it has achieved AGI before 2027?

This market will resolve to "Yes" if the AI industry experiences an industry downturn by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No".

For the purposes of this market, the AI industry will be considered to have experienced an industry downturn once at least three of the following events have occurred within 90 days of this market's specified timeframe:
- NVIDIA Corporation (NVDA) closing stock price is down 50% from its all-time high.
- iShares PHLX Semiconductor ETF (SOXX) closing stock price is down 40% from its all-time high.
- OpenAI, Inc. or Anthropic PBC declares bankruptcy.
- OpenAI, Inc. is acquired.
- H100 rental price falls to $1.00 or lower for five consecutive days, as shown on the SiliconData Silicon Index at:
https://www.silicondata.com/products/silicon-index.
- Major AI Hardware Supplier Collapse: Taiwan Semiconductor Manufacturing Company Limited (TSM), ASML Holding N.V. (ASML), Broadcom Inc. (AVGO), Arista Networks, Inc. (ANET), or Super Micro Computer, Inc. (SMCI), closing stock price is down 50% from its all-time high.

This market may resolve immediately once three conditions have been met within 90 days of the specified timeframe.

This market will not resolve to "Yes" until three conditions have been met, regardless of reporting of an industry downturn or similar claims.

The primary resolution source will be official information from the respective companies and listing exchanges; however, a consensus of credible reporting will also be used.

AI Industry Downturn by December 31, 2026?

This market will resolve to “Yes” if the official closing price for SpaceX’s market capitalization on its first trading day is above the value specified in the title. Otherwise, it will resolve to “No”.

If no IPO occurs by December 31, 2027, 11:59 PM ET, this market will resolve to “No”.

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 SpaceX’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.

SpaceX IPO closing market cap above $1T?

This market will resolve to "Yes" if OpenAI integrates in-UI advertisements for companies or features not owned by OpenAI into Atlas, its web browser, by the listed date, 11:59 PM ET. Otherwise, this market will resolve to "No".

Limited advertisement releases restricted to a specific region, version, or user group will qualify. The release must be publicly announced as accessible to the relevant users. Closed betas or fully private testing do not count.

Once implemented, the market will resolve to “Yes” immediately, regardless of whether the integration is later removed.

An announcement will not suffice to resolve this market to "Yes"; only the release of the specified advertisement integration will trigger a "Yes" resolution for this market.

The primary resolution source for this market will be official information from OpenAI; however, a consensus of credible reporting will also be used.

Will Atlas introduce ads by December 31?

This market will resolve to "Yes" if Kraken completes an Initial Public Offering (IPO) by the listed date ET, as confirmed by official company announcements and credible news sources. Otherwise, this market will resolve to "No."

The IPO refers to the first sale of stock by the listed company to the public on any recognized stock exchange.

If Kraken is acquired by another company that is already public, this market will immediately resolve to "No."

The resolution source for this market is a consensus of credible reporting.

Kraken IPO by December 31, 2026?

This market will resolve based on Anthropic's market capitalization at the closing price on its first day of trading.

If no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO by June 30, 2026".

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 Anthropic’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.

Will Anthropic not IPO by June 30, 2026?

This market will resolve to "Yes" if it is officially announced that xAI will be, has been, or is being acquired by or merged with Tesla (Tesla inc.) by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

An announcement by xAI will qualify for a "Yes" resolution, regardless of whether the announced acquisition/merger actually occurs.

The primary resolution source for this market will be official information from Tesla or xAI, however a consensus of credible reporting may also be used.

Will Tesla acquire xAI in 2025?

This market will resolve to "Yes" if Ari Weinstein ceases any employment or formal contractual involvement with OpenAI, for any length of time by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

This includes any termination, suspension, or withdrawal of his contractual or partnership obligations with OpenAI.

An official announcement of Ari’s departure from OpenAI (e.g., a statement from OpenAI or Ari indicating he will no longer be engaged with OpenAI) will qualify, regardless of when the announced departure takes effect.

The resolution source for this market will be a consensus of credible reporting.

Will Ari Weinstein leave OpenAI by December 31, 2026?

This market will resolve to “No” if any of the following conditions are met between September 19, 2025, 6 PM ET, and December 31, 2025, 11:59 PM ET:

- Artificial Intelligence is named TIME's Person of 2025
- GPT-5 scores above 40% on Humanity’s Last Exam
- AI wins IMO gold medal
- AI model scores ≥ 90% on FrontierMath Benchmark
- AI scores ≥85% on ARC-AGI-2

Otherwise, this market will resolve to “Yes”.

If resolution-relevant information regarding the events mentioned above is not available by December 31, 2025, 11:59 PM ET, this market will remain open until January 31, 2026, 11:59 PM ET. If by that date there is still no clear information indicating that one of the listed events has occurred,  this market will resolve to “Yes”.

The full rules for this market can be found here:
https://polymarket-upload.s3.us-east-2.amazonaws.com/AI.png
https://polymarket-upload.s3.us-east-2.amazonaws.com/AI2.png

Nothing Ever Happens: AI Edition

This market will resolve to "Yes" if OpenAI integrates advertisements into ChatGPT, GPT-4, GPT-4.1, GPT-5, or any successor general-purpose GPT model made publicly available by March 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

Limited advertisement releases restricted to a specific region, model, or user group will qualify. The release must be publicly announced as accessible to the relevant users. Closed betas or fully private testing do not count.

Once implemented, the market will resolve to “Yes” immediately, regardless of whether the integration is later removed.

An announcement will not suffice to resolve this market to "Yes"; only the release of the advertisement integration will trigger a "Yes" resolution for this market.

The primary resolution source for this market will be official information from OpenAI; however, a consensus of credible reporting will also be used.

GPT ads by March 31?

This market will resolve to "Yes" if it is announced that the Chrome web browser will be, has been, or is being acquired by or merged with OpenAI by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

An announcement by Google/Alphabet will qualify for a "Yes" resolution, regardless of whether the announced acquisition or merger actually occurs.

Partnerships, integrations, licensing deals, or other forms of collaboration between Chrome and OpenAI that do not constitute an acquisition or merger will not count toward a "Yes" resolution.

The primary resolution source for this market will be official information from Google/Alphabet, or OpenAI; however, a consensus of credible reporting may also be used.

Will OpenAI acquire Chrome by December 31?

This market will resolve based on Discord's market capitalization at the closing price on its first day of trading.

If no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO by June 30, 2026".

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 Discord’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.

Will Discord’s market cap be less than $15B at market close on IPO day?

OpenAI Chief Financial Officer Sarah Friar recently suggested that OpenAI would be supportive of a government backstop for its investments in AI infrastructure including chips and data centers. Friar and Open AI Chief Executive Officer Sam Altman later backtracked on that statement. You can read more about that here: https://www.cnn.com/2025/11/06/tech/openai-backtracks-government-support-chip-investments.

This market will resolve to “Yes” if OpenAI or any financial lender or intermediary involved in providing debt financing to OpenAI receives a U.S. federal government backstop for any debt-transaction undertaken primarily for the benefit of OpenAI’s investments in AI infrastructure by June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

A backstop is defined as any explicit or legally binding loan guarantee, insurance, or equivalent financial instrument through which the U.S. federal government assumes or commits to assume partial or full repayment risk on OpenAI debt.

Tax credits, depreciation benefits, or grants not tied to a specific debt transaction will not qualify. 

The debt transaction which receives a government backstop must be primarily aimed at the development, building, or manufacturing of AI infrastructure. 

The primary source of resolution will be information from Open AI and the United States Federal Government; however, a consensus of credible reporting may also be used. 

OpenAI receives federal backstop for infrastructure before July?

This market will resolve to “Yes” if credible reporting confirms that any entity enters into an agreement to acquire the listed company by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Mergers where the listed company is subsumed by another entity will count toward a "Yes" resolution.

An announced agreement between the listed company and an acquiring entity will qualify for a “Yes” resolution, regardless of whether the acquisition is ultimately completed.

The primary resolution source for this market is official information from the listed company and/or its leadership; however, a consensus of credible reporting will also be used.

Will BP be acquired before 2027?

This market will resolve to "Yes" if Conrad Kramer ceases any employment or formal contractual involvement with OpenAI, for any length of time by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

This includes any termination, suspension, or withdrawal of his contractual or partnership obligations with OpenAI.

An official announcement of Conrad’s departure from OpenAI (e.g., a statement from OpenAI or Conrad indicating he will no longer be engaged with OpenAI) will qualify, regardless of when the announced departure takes effect.

The resolution source for this market will be a consensus of credible reporting.

Will Conrad Kramer leave OpenAI by December 31, 2026?

This market will resolve to "Yes" if OpenAI's GPT-6 model is made available to the general public by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No."

For this market to resolve to "Yes," GPT-6 must be launched and publicly accessible, including via open beta or open rolling waitlist signups. A closed beta or any form of private access will not suffice. The release must be clearly defined and publicly announced by OpenAI as being accessible to the general public.

GPT-6 refers to a product explicitly named GPT-6 (e.g. ChatGPT-6o would count), or one that is recognized as a successor to GPT-5, similar to the progression from GPT-3 to GPT-4. Products labeled as GPT-5.5 or similar will not count for this market's resolution.

The primary resolution source for this market will be official information from OpenAI, with additional verification from a consensus of credible reporting.

Will GPT-6 be released by December 31, 2026?

This market will resolve to "Yes" if Apple publicly announces a partnership with either OpenAI or Anthropic to use their AI models (such as ChatGPT or Claude) for enhancing or powering Siri on Apple devices by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The partnership must directly address Siri or voice assistant integration. General AI partnerships unrelated to Siri or non-specific mentions will not count.

The resolution source will be a consensus of credible reporting.

Apple Siri partnership with OpenAI/Anthropic by December 31?

This market will resolve to "Yes" if it is announced that Perplexity AI will be, has been, or is being acquired by or merged with Apple (Apple inc.) by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

An announcement by Perplexity AI will qualify for a "Yes" resolution, regardless of whether the announced acquisition/merger actually occurs.

The primary resolution source for this market will be official information from Apple or Perplexity, however a consensus of credible reporting may also be used.

Will Apple acquire Perplexity in 2025?

This market will resolve to “Yes” if USD.AI officially launches a governance token by March 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

The token must be actively and publicly transferable and tradable. Announcements alone do not qualify.

The primary resolution source for this market will be information from USD.AI (https://x.com/USDai_Official), however a consensus of credible reporting will also be used.

Will USD.AI launch a token by March 31?

This market will resolve to "Yes" if Abstract officially launches a token by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

The token must be actively and publicly transferable and tradable. Announcements alone do not qualify

The primary resolution source for this market will be information from Abstract, however a consensus of credible reporting will also be used.


Will Abstract launch a token by December 31, 2026

This market will resolve to “Yes” if Infrared (https://x.com/InfraredFinance) officially launches a governance token by 11:59 PM ET on the date specified in the title. Otherwise, this market will resolve to “No”.

The token must be actively and publicly transferable and tradable. Announcements alone do not qualify.

The primary resolution source for this market will be information from Infrared, however a consensus of credible reporting will also be used.

Will Infrared launch a token by June 30 2026?

This market will resolve to "Yes" if the listed company has the highest arena score on the Chatbot Arena LLM Leaderboard (https://lmarena.ai/) by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No."

Results from the "Arena Score" section on the Leaderboard tab of https://lmarena.ai/ with the style control unchecked will be used to resolve this market.

If a listed modeI ties for #1 Arena score, it will suffice to resolve this market to "Yes."

The resolution source for this market is the Chatbot Arena LLM Leaderboard found at https://lmarena.ai/. If this resolution source becomes unavailable, the market will remain open until it is accessible again. If it becomes permanently unavailable, resolution will be based on another credible source.


Will Anthropic have a #1 AI model this year?

This market will resolve to "Yes" if Ostium Labs officially launches a token by 11:59 PM ET on the date specified in the title. Otherwise, this market will resolve to "No".

The token must be actively and publicly transferable and tradable. Announcements alone do not qualify

The primary resolution source for this market will be information from Ostium Labs, however a consensus of credible reporting will also be used.


Will Ostium launch a token by December 31, 2026?

This market will resolve to "Yes"  if it is officially announced that the listed individual, either personally or through an entity, enters into an agreement with TikTok to acquire its US operations by June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

An official announcement will qualify for a "Yes" resolution, regardless of whether the acquisition is ultimately completed.

The entity entering into the agreement does not need to be controlled by the listed individual; their involvement as a partial owner, investor, or similar role will qualify for a "Yes" resolution.

The primary resolution source for this market is official information from the listed individual and/or TikTok, however a consensus of credible reporting will also be used.


Will Larry Ellison/Oracle acquire TikTok?

This market will resolve to “Yes” if Arc (https://x.com/arc) officially launches a governance token by 11:59 PM ET on the date specified in the title. Otherwise, this market will resolve to “No”.

The token must be actively and publicly transferable and tradable. Announcements alone do not qualify.

The primary resolution source for this market will be information from Arc, however a consensus of credible reporting will also be used.

Will Arc launch a token by December 31 2026?

This market will resolve to "Yes" if Axiom officially launches a token by 11:59 PM ET on the date specified in the title. Otherwise, this market will resolve to "No".

The token must be actively and publicly transferable and tradable. Announcements alone do not qualify

The primary resolution source for this market will be information from Axiom, however a consensus of credible reporting will also be used.


Will Axiom launch a token by December 31, 2026?

This market will resolve to "Yes" if xAI's Grok 5 model is made available to the general public by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No."

For this market to resolve to "Yes," Grok 5 must be launched and publicly accessible, including via open beta or open rolling waitlist signups. A closed beta or any form of private access will not suffice. The release must be clearly defined and publicly announced by Anthropic as being accessible to the general public.

Grok 5 refers to a product explicitly named Grok 5 (e.g. Grok 5.0 would count), or one that is recognized as a successor to Grok 4 similar to the progression from Grok 2 to Grok 3. Products labeled as Grok 4.5 or similar will not count for this market's resolution.

The primary resolution source for this market will be official information from xAI, with additional verification from a consensus of credible reporting.

Grok 5 released by March 31, 2026?

The All-In Podcast is scheduled to release episodes every Friday. (https://www.youtube.com/@allin)

This market will resolve to "Yes" if the listed term is mentioned by anyone during the next released episode of the All-In Podcast. Otherwise, the market will resolve to "No".

If clips of old episodes or prerecorded clips are aired where people are speaking, those clips will count toward this market's resolution.

AI-generated audio or video will count toward this market's resolution.

Any usage of the term, regardless of context, will count toward the resolution of this market.

Pluralization/possessive of the term will count toward the resolution of this market; however, other forms will NOT count.

Instances where the term is used in a compound word will count regardless of context (e.g. joyful is not a compound word for "joy," however "killjoy" is a compounding of the words "kill" and "joy").

If this market requires a specified number of mentions of a person’s first or last name, a full-name mention will count as one mention (e.g., if a market is about “Joe / Biden 5+ times,” a mention of “Joe Biden” will count once).

If no such episode of the All-In Podcast is aired by February 28, 2026, 11:59 PM ET, this market will resolve to "No".

The resolution source will be audio of the event.

Will "China" be said 3+ times during the next episode of the All-In Podcast?

This market will resolve based on the next earnings announcement of Nike currently scheduled to take place on December 18, 2025 at 5:00 PM EST.

This market will resolve to "Yes" if the listed term is mentioned by anyone during this event. Otherwise, the market will resolve to "No".

Any usage of the term, regardless of context, will count toward the resolution of this market.

Pluralization/possessive of the term will count toward the resolution of this market; however, other forms will NOT count.

Instances where the term is used in a compound word will count regardless of context (e.g. joyful is not a compound word for "joy," however "killjoy" is a compounding of the words "kill" and "joy").

If this market requires a specified number of mentions of a person’s first or last name, a full-name mention will count as one mention (e.g., if a market is about “Joe / Biden 5+ times,” a mention of “Joe Biden” will count once).

A Q&A event will count toward the resolution of this market.

If this event is definitely cancelled, or otherwise is not aired by December 31, 2025, 11:59 PM ET, this market will resolve to "No".

The resolution source will be audio of the event.

OpenAI IPO by...?

December 31, 2025
$452,246 Vol.
<1%
0123456789
%

June 30, 2026
$79,068 Vol.
14%
0123456789
%

December 31, 2026
$125,232 Vol.
33%
0123456789
%

Market Context

OpenAI IPO by...?

Rules

OpenAI IPO by...?

Market Context

OpenAI IPO by...?

About

Related

OpenAI IPO by...?

December 31, 2025$452,246 Vol.<1%0123456789%buy Yes0.5¢buy No99.7¢

June 30, 2026$79,068 Vol.14%0123456789%buy Yes15¢buy No87¢

December 31, 2026$125,232 Vol.33%0123456789%buy Yes34¢buy No68¢

Market Context

OpenAI IPO by...?

Rules

OpenAI IPO by...?

Market Context

OpenAI IPO by...?

About

Related

December 31, 2025
$452,246 Vol.
<1%
0123456789
%

June 30, 2026
$79,068 Vol.
14%
0123456789
%

December 31, 2026
$125,232 Vol.
33%
0123456789
%