Trader consensus favors no Perplexity IPO before 2028 at 47.5% implied probability, driven by CEO Aravind Srinivas's repeated public statements against near-term public listing and the startup's ample private funding runway, including a $200 million round finalized in September 2025 at a $20 billion-plus valuation that reached $22 billion by early 2026. Explosive growth bolsters this positioning: annual recurring revenue doubled to $500 million in recent months amid a pivot to AI agents like Perplexity Computer, surpassing 100 million monthly active users and emphasizing enterprise subscriptions over ads for sustainable monetization in the competitive AI search landscape. Mid-tier outcomes like 50B–75B (18.7%) reflect optimism for blockbuster valuation if an IPO materializes post-2028, with no S-1 filings or announcements signaling otherwise; watch for major enterprise partnerships or product benchmarks as potential catalysts.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedNo IPO before 2028 44%
50B–75B 18.4%
40B–50B 16.8%
75B–100B 10.0%
$130,569 Vol.
$130,569 Vol.
Dec 31, 2027
<20B
4%
20B–30B
4%
30B–40B
4%
40B–50B
17%
50B–75B
18%
75B–100B
8%
100B+
10%
No IPO before 2028
47%
No IPO before 2028 44%
50B–75B 18.4%
40B–50B 16.8%
75B–100B 10.0%
$130,569 Vol.
$130,569 Vol.
Dec 31, 2027
<20B
$4,434 Vol.
4%
20B–30B
$5,845 Vol.
4%
30B–40B
$0 Vol.
4%
40B–50B
$0 Vol.
17%
50B–75B
$6,171 Vol.
18%
75B–100B
$3,280 Vol.
8%
100B+
$4,500 Vol.
10%
No IPO before 2028
$106,340 Vol.
47%
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.Trader consensus favors no Perplexity IPO before 2028 at 47.5% implied probability, driven by CEO Aravind Srinivas's repeated public statements against near-term public listing and the startup's ample private funding runway, including a $200 million round finalized in September 2025 at a $20 billion-plus valuation that reached $22 billion by early 2026. Explosive growth bolsters this positioning: annual recurring revenue doubled to $500 million in recent months amid a pivot to AI agents like Perplexity Computer, surpassing 100 million monthly active users and emphasizing enterprise subscriptions over ads for sustainable monetization in the competitive AI search landscape. Mid-tier outcomes like 50B–75B (18.7%) reflect optimism for blockbuster valuation if an IPO materializes post-2028, with no S-1 filings or announcements signaling otherwise; watch for major enterprise partnerships or product benchmarks as potential catalysts.
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.
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.
Market Opened: Jan 5, 2026, 6:06 PM ET
Volume
$130,569End Date
Dec 31, 2027Market Opened
Jan 5, 2026, 6:06 PM ETResolver
0x2F5e3684c...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.Trader consensus favors no Perplexity IPO before 2028 at 47.5% implied probability, driven by CEO Aravind Srinivas's repeated public statements against near-term public listing and the startup's ample private funding runway, including a $200 million round finalized in September 2025 at a $20 billion-plus valuation that reached $22 billion by early 2026. Explosive growth bolsters this positioning: annual recurring revenue doubled to $500 million in recent months amid a pivot to AI agents like Perplexity Computer, surpassing 100 million monthly active users and emphasizing enterprise subscriptions over ads for sustainable monetization in the competitive AI search landscape. Mid-tier outcomes like 50B–75B (18.7%) reflect optimism for blockbuster valuation if an IPO materializes post-2028, with no S-1 filings or announcements signaling otherwise; watch for major enterprise partnerships or product benchmarks as potential catalysts.
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.
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.
Volume
$130,569End Date
Dec 31, 2027Market Opened
Jan 5, 2026, 6:06 PM ETResolver
0x2F5e3684c...Trader consensus favors no Perplexity IPO before 2028 at 47.5% implied probability, driven by CEO Aravind Srinivas's repeated public statements against near-term public listing and the startup's ample private funding runway, including a $200 million round finalized in September 2025 at a $20 billion-plus valuation that reached $22 billion by early 2026. Explosive growth bolsters this positioning: annual recurring revenue doubled to $500 million in recent months amid a pivot to AI agents like Perplexity Computer, surpassing 100 million monthly active users and emphasizing enterprise subscriptions over ads for sustainable monetization in the competitive AI search landscape. Mid-tier outcomes like 50B–75B (18.7%) reflect optimism for blockbuster valuation if an IPO materializes post-2028, with no S-1 filings or announcements signaling otherwise; watch for major enterprise partnerships or product benchmarks as potential catalysts.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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