Databricks IPO Signal: No-IPO Probability Crashes 43 Points

The Databricks 'No IPO by June 30, 2026' market plunged from near-certainty to 88¢, a massive 43¢ single-day move. This is the largest move across all IPO markets and suggests the company may be preparing S-1 filing. Meanwhile, OpenAI's no-IPO probability rose 4¢ even as Sam Altman equity probability jumped 11¢ — creating an interesting divergence worth monitoring.