PolymarketCloses · in 73 daysPart of OpenAI IPO Closing Market Cap →

Will OpenAI’s market cap be between $500B and $750B at market close on IPO day?

Current price

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Low gotcha risk

Gotcha risk — resolution-rule assessment

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The rules clearly specify how market capitalization will be calculated using total shares outstanding multiplied by the closing price on the initial trading day. Resolution relies directly on the primary listing exchange's official data, with explicit guidance provided for market interruptions or shortened trading sessions. Boundary edge cases are addressed through a tie-breaking rule assigning exact thresholds to the higher bracket, and a definitive cutoff date of December 31, 2026 prevents open-ended timing disputes if an IPO does not take place.

Wording ambiguity
Low
Source discretion
Low
Timing risk
Low
Exceptional clauses
Low

Liquidity

No order-book snapshots have been captured for this market’s primary token.

Price history range

Price history

Market price

Not enough price history for this range yet.

Not enough price history for this range yet.

Not enough price history for this range yet.

Why it moved

No big moves in the last 7 days.

Resolution rules

This market will resolve based on OpenAI's market capitalization at the closing price on its first day of trading. If no IPO occurs by December 31, 2026, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2026". 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 OpenAI’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.

Rules history

Rules history is not displayed yet.

Market explained

This market measures whether OpenAI achieves a market capitalization between $500B and $750B at the close of its initial public offering day. It includes a specific tie-breaking rule resolving to the higher bracket if the valuation falls exactly on a boundary, and a separate outcome if no IPO occurs by the end of 2026.

How it resolves

The market resolves to Yes if OpenAI's market capitalization at market close on its first day of trading falls within the $500B to $750B range, calculated as outstanding shares multiplied by the closing share price. If the valuation falls exactly on a boundary between two brackets, it resolves to the higher range bracket. The market resolves to No if the market capitalization falls outside this range on IPO day. If no IPO occurs by December 31, 2026, at 11:59 PM ET, it resolves to 'No IPO by December 31, 2026'. If trading is interrupted, the official closing price of the abbreviated session applies; if none is published, the next trading day with an official closing price is used. Resolution is decided by the primary exchange’s official listing page, or another reliable source if the figure is not displayed.

Key dates

  • IPO deadline: — Latest date and time for an IPO to occur before resolving to the fallback outcome

Resolution source

The primary exchange’s official listing page, or another reliable source if not displayed

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