When will SpaceX IPO?
Prediction markets currently give a 96% probability that When will SpaceX IPO?. This contract trades at 96¢ on Kalshi, closing May 1, 2027. The market is pricing in an extremely high probability (96%) that SpaceX will IPO by May 2027, yet the zero 24-hour volume and thin $5,075 open interest suggest minimal conviction behind this consensus.
Analysis
The market is pricing in an extremely high probability (96%) that SpaceX will IPO by May 2027, yet the zero 24-hour volume and thin $5,075 open interest suggest minimal conviction behind this consensus. The dramatic 1,829% implied yield on the No side reflects the asymmetric risk profile—while a Yes resolution would return only 5.1%, a surprise non-IPO would yield massive returns, indicating the market may be overweighting the base case despite SpaceX's historical reluctance to go public and Elon Musk's stated preference to remain private.
Resolution rules
If SpaceX confirms an IPO before May 1, 2027, then the market resolves to Yes.
Indicators
Regime
Trade
sf trade KXIPOSPACEX-27MAY01 yes 100