When will Rippling IPO?

Prediction markets currently give a 24% probability that When will Rippling IPO?. This contract trades at 24¢ on Kalshi, closing November 1, 2026. This market shows extreme illiquidity with only $5 open interest and zero 24-hour volume, making the 24¢ price potentially unreliable.

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24¢
Bid/Ask 4/13¢·Spread 9¢·Vol $0·OI $5·Closes Nov 1, 2026·193d remaining
KXIPORIPPLING-26NOV01

Analysis

4d ago

This market shows extreme illiquidity with only $5 open interest and zero 24-hour volume, making the 24¢ price potentially unreliable. The asymmetric implied yields (4419% for Yes vs 7.7% for No) reflect the tiny position size rather than genuine market conviction, and the wide 9¢ spread further signals thin trading. The recent price decline from 5¢ to 4¢ over seven days, combined with 198 days to expiration and a moderate 24 cliff risk index, suggests this contract lacks sufficient liquidity to serve as a meaningful probability estimate for Rippling's IPO timing.

Resolution rules

If Rippling confirms an IPO before Nov 1, 2026, then the market resolves to Yes.

Indicators

IY (Yes) 4531.4%
IY (No) 7.9%
Adj IY 2266%
CRI 24
Overround 0.1%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)4531.4%
IY (No)7.9%
Adj IY2266%
CRI24
Overround0.1%

Regime

Label
neutral
Score
0.5
Spread
9¢
Computed
4/21/2026, 9:30:28 PM
Indicators computed 4/21/2026, 9:23:17 PM

Trade

View on kalshisf trade KXIPORIPPLING-26NOV01 yes 100

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