Perplexity’s market cap between $50B and $75B at market close on IPO day
50B–75B is priced at 12¢ on Polymarket. Current book: 11¢ bid, 13¢ ask, 2¢ spread. This outcome ranks #2 of 8 inside Perplexity IPO Closing Market Cap.
Price history
12¢ current
−11¢Contract brief
This market will resolve based on Perplexity's market capitalization at the closing price on its first day of trading. If no Perplexity IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO before 2028". 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 Perplexity’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.
Outcome
50B–75B
Rank
#2 of 8
Leader
No IPO before 2028 38¢
Range
5¢-38¢
Family volume
$140K
Identifier
0x77227b83...dc8f
May 23, 2026, 9:38 PM UTC · 14m ago
Implied probability
Bid
11¢
Ask
13¢
Spread
2¢
Reported volume
$6K
Family rank
#2 of 8
8 outcomes · Perplexity IPO Closing Market Cap
Closes
Dec 31, 2027
Family volume
$140K
Orderbook snapshot
11 / 13¢
Contract terms
What resolves this market.
YES condition
This market will resolve based on Perplexity's market capitalization at the closing price on its first day of trading. If no Perplexity IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO before 2028". 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 Perplexity’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.
Venue
Polymarket
Closes
Dec 31, 2027
Identifier
0x77227b83…dc8f
Event family
Perplexity IPO Closing Market Cap.
The same race as a probability stack: rank, volume, and where this contract sits against the other outcomes.
Total volume
$140K
Outcomes
8
Highest price
No IPO before 2028 38¢
Current share
4%
No IPO before 2028
polymarket · 0x1f3741c4dcdf0e0fe8dcd2a690e87f163914ab9f34692e3df133fc2992549aa6
50B–75B
polymarket · 0x77227b83f547f6222b4c5db99b37cb88e0dded34d72e9f2024aa25d9fe96dc8f
75B–100B
polymarket · 0xb445cc7d04c6ab1199a46b54cee676731c35bc20a436f5cf3b75f0b364f5c47b
<20B
polymarket · 0xe4c7b1f2d322f80a927b54026adf5df8a7303eb90615d9cec018cc0e2f1159bf
100B+
polymarket · 0x0b6efac5aa9e138189ecca3800048b9fd917a59eee8aecc9a059ec8d62a730fc
30B–40B
polymarket · 0x6152ba5b635d471cb2f55d255658392c0d8d36b99bef56f8d691252bff08540c
20B–30B
polymarket · 0x14933f8d6071a74b7f0547bdb3bc19eb7080b1064c39bd60f6202be03669c8e0
40B–50B
polymarket · 0x0bf4f152a3fc577a25076856b5187128e448763909c65de29a0f4503caf0d9c9
Indicators
Yield, cliff risk, volatility, and regime.
Regime
neutral
Score
0.5
Full indicator table
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SimpleFunctions context
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How we compute these odds
SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.
For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.
Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.