SimpleFunctions
Winner-take-all answer·18 source contracts·Kalshi 18·refreshed just now·Closes Jan 1, 2027 · 150d

Who will IPO before 2027

Leader sits at 81% across 18 bound outcomes, runner-up at 72%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

81%

Shein

runner-up 72¢leader 81¢

Outcomes

18

winner-take-all

Runner-up

72¢

Oura

Spread

9pp

contested

24h volume

$3K

modest

Closes

Jan 1, 2027

150 days

Venue

Kalshi

18 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayShein: 82% (29 days, 29 points)Shein: 82% on 2026-08-03Oura: 67% (29 days, 23 points)Oura: 67% on 2026-08-03Anthropic: 74% (29 days, 26 points)Anthropic: 74% on 2026-08-03
Shein82¢Oura67¢Anthropic74¢
Top 3 candidates by current price · 29d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This market aggregates predictions on whether Anthropic will complete an IPO before the end of 2026, currently priced at 76% probability. The high likelihood reflects strong investor demand for AI-focused companies and Anthropic's established market position, though venture-backed firms often delay public offerings when private funding remains abundant. The probability could shift materially based on macroeconomic conditions, tech sector IPO sentiment, or explicit company statements about timing. A significant catalyst would be any announcement from Anthropic's leadership regarding IPO plans, or broader market moves affecting late-stage AI startup valuations. Secondary outcomes suggest competitors like Discord (53%) and OpenAI (27%) represent lower-probability alternatives.

  • Anthropic's valuation and funding history: recent rounds at $15 billion+ valuation may influence readiness for public markets
  • Regulatory environment: SEC oversight of AI companies and potential policy changes could affect IPO timing decisions
  • Tech IPO market conditions: YTD 2026 IPO volumes, sector performance, and investor appetite for late-stage AI exits
  • Competitive pressure: timing of rival AI company IPOs (particularly OpenAI or others) could accelerate or delay Anthropic's plans
  • Company guidance: any official statements or investor communications about capital structure or public market plans from Anthropic leadership

What moved the line

  • Jul 30Oura4pp6468¢ · Kalshi
  • Jul 30OpenAI3pp2623¢ · Kalshi
  • Aug 2Oura3pp6865¢ · Kalshi
  • Jul 31Anthropic3pp7073¢ · Kalshi
  • Aug 1Shein3pp8683¢ · Kalshi

Recently closed in markets

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

More like this

Adjacent prediction questions.

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.

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