When will Anduril IPO?
Prediction markets currently give a 4% probability that When will Anduril IPO?. This contract trades at 4¢ on Kalshi, closing May 1, 2026. The market is pricing an extremely low 4% probability of an Anduril IPO by May 2026, yet the Yes side offers a staggering 61,956% implied yield—a massive asymmetry suggesting either severe illiquidity or mispricing given the defense contractor's known IPO ambitions.
Analysis
The market is pricing an extremely low 4% probability of an Anduril IPO by May 2026, yet the Yes side offers a staggering 61,956% implied yield—a massive asymmetry suggesting either severe illiquidity or mispricing given the defense contractor's known IPO ambitions. With only $0 in 24-hour volume, $1,486 open interest, and 14 days to expiration, this market lacks meaningful liquidity and the extreme yield likely reflects the wide 1¢ spread rather than genuine edge. The high cliff risk index of 24 combined with neutral regime conditions indicates elevated uncertainty around the binary outcome near expiry.
Resolution rules
If Anduril confirms an IPO before May 1, 2026, then the market resolves to Yes.
Indicators
Regime
Trade
sf trade KXIPOANDURIL-26MAY01 yes 100