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icon for Perplexity IPO Closing Market Cap

Perplexity IPO Closing Market Cap

icon for Perplexity IPO Closing Market Cap

Perplexity IPO Closing Market Cap

No IPO before 2028 53%

50B–75B 8.3%

75B–100B 8.1%

20B–30B 6.6%

Polymarket

$145,034 Vol.

No IPO before 2028 53%

50B–75B 8.3%

75B–100B 8.1%

20B–30B 6.6%

Polymarket

$145,034 Vol.

<20B

$4,729 Vol.

6%

20B–30B

$7,690 Vol.

7%

30B–40B

$4,554 Vol.

5%

40B–50B

$4,429 Vol.

4%

50B–75B

$6,737 Vol.

8%

75B–100B

$3,673 Vol.

8%

100B+

$5,120 Vol.

5%

No IPO before 2028

$108,101 Vol.

53%

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.Perplexity CEO Aravind Srinivas reinforced the company's 2028 IPO target in a June 2026 CNBC interview, positioning the "no IPO before 2028" outcome as the clear market leader by signaling ample private funding runway and independence from peer timelines. Recent Series E rounds have established a roughly $20 billion private valuation amid strong user growth for its AI-powered search platform, yet traders see limited near-term catalysts for an earlier listing given the absence of regulatory pressure or liquidity needs. Upcoming developments such as OpenAI and Anthropic debuts could test public-market appetite for AI companies without altering Perplexity's stated schedule, while sustained revenue expansion or new large-language-model capabilities might influence eventual closing market cap ranges once the IPO window opens.

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.
Volume
$145,034
End Date
Dec 31, 2027
Market Opened
Jan 5, 2026, 6:06 PM ET

Resolver

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.
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.Perplexity CEO Aravind Srinivas reinforced the company's 2028 IPO target in a June 2026 CNBC interview, positioning the "no IPO before 2028" outcome as the clear market leader by signaling ample private funding runway and independence from peer timelines. Recent Series E rounds have established a roughly $20 billion private valuation amid strong user growth for its AI-powered search platform, yet traders see limited near-term catalysts for an earlier listing given the absence of regulatory pressure or liquidity needs. Upcoming developments such as OpenAI and Anthropic debuts could test public-market appetite for AI companies without altering Perplexity's stated schedule, while sustained revenue expansion or new large-language-model capabilities might influence eventual closing market cap ranges once the IPO window opens.

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.
Volume
$145,034
End Date
Dec 31, 2027
Market Opened
Jan 5, 2026, 6:06 PM ET

Resolver

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.

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Frequently Asked Questions

"Perplexity IPO Closing Market Cap" is a prediction market on Polymarket with 8 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "No IPO before 2028" at 53%, followed by "50B–75B" at 8%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 53¢ implies that the market collectively assigns a 53% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Perplexity IPO Closing Market Cap" has generated $145K in total trading volume since the market launched on Jan 5, 2026. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Perplexity IPO Closing Market Cap," browse the 8 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "Perplexity IPO Closing Market Cap" is "No IPO before 2028" at 53%, meaning the market assigns a 53% chance to that outcome. The next closest outcome is "50B–75B" at 8%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "Perplexity IPO Closing Market Cap" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.