Perplexity IPO Closing Market Cap

$143.2K Vol
Dec 31, 2027
Active
Probability Trend
No IPO before 2028 55.5%
75B–100B 8.3%
20B–30B 6.6%
100B+ 5.1%
30B–40B 5.0%

Core Summary

According to the latest prediction market data for the query “Perplexity IPO Closing Market Cap”, traders have formed a strong consensus.

Currently, No IPO before 2028 is dominating the market with an overwhelming 49.5% chance of winning. 75B–100B follows in second place at 11.2%, while <20B sits in third with 6.8%. The betting volume for this specific market has already reached $143.2K, reflecting intense industry interest.

Breakdown of Competitive Tiers

To better assess where each potential outcome stands, the market can be segmented into three distinct trading tiers based on implied probability and contract pricing:

🥇 Tier 1: The Dominant Leader

  • No IPO before 2028 (49.5%): Currently commanding the highest probability, No IPO before 2028 is heavily favored by the order book. Traders looking to back this outcome face a “Buy Yes” contract price of 50¢, signaling a high degree of market conviction. This contract alone has generated $107.3K in volume.

🥈 Tier 2: The Primary Challengers

  • 75B–100B (11.2%): Positioned as the most viable alternative, 75B–100B maintains a 11.2% chance of resolving true. Its “Buy Yes” shares currently trade at 11¢.
  • <20B (6.8%): Sitting in third place with a 6.8% probability, the market shows measured skepticism toward <20B, treating it as an outside wildcard unless momentum shifts.

🥉 Tier 3: The Long-Tail Options (Combining for ~32.6%)

Beyond the top three choices, a wide field of macro variables and long-shot outcomes are being tracked. While their individual probabilities hover low, they represent crucial hedges for speculative traders:

  • Alternative Options: This includes 20B–30B (6.5%), 30B–40B (5.9%), and 50B–75B (5.7%).
  • Speculative Volume: Despite low statistical likelihood, certain long-tail contracts like 100B+ are still attracting notable interest.

Comprehensive Order Book & Pricing Dashboard

The table below outlines the full breakdown of contract prices, probabilities, and market depth for all listed outcomes in this prediction pool:

RankPredicted OutcomeWin ProbabilityTrading VolumeBuy Yes (Cost)Buy No (Cost)
1No IPO before 202849.5%$107.3K50¢51¢
275B–100B11.2%$3.6K11¢89¢
3<20B6.8%$4.6K93¢
420B–30B6.5%$7.6K94¢
530B–40B5.9%$4.5K94¢
650B–75B5.7%$6.3K94¢
7100B+5.1%$5.1K95¢
840B–50B4.5%$4.3K96¢

Result Rules

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.

AI Valuation Analysis: Finding Market Mispricings & EV Gaps

While human consensus and speculative volume shape the broader prediction market, our quantitative algorithms offer a data-driven counter-perspective. By analyzing fundamental signals, underlying trends and historical distributions, our AI Valuation model calculates an independent “Fair Value” probability for each outcome.

Comparing this Fair Value against the current Trade Value uncovers major disparities — known as the Expected Value (EV) Gap. Contracts with a positive EV Gap represent statistically underpriced outcomes, whereas a negative EV Gap flags a potential market overreaction.

Top AI Alpha & Mispriced Arbitrage Opportunities

Based on the latest data model run, several key contracts stand out with significant deviations:

  • The Best Value Play (Highest EV) Our model identifies 20B–30B as the premium value opportunity on the board. While the market only assigns it a 6.5% trading probability, our AI’s Fair Value assessment sits at 49.4% — yielding an impressive +43% EV Gap.
  • Under-the-Radar Dark Horses Other notable discrepancies include 50B–75B (EV Gap: +42%) and 40B–50B (EV Gap: +39.7%). These long-tail opportunities are heavily discounted by the live order books despite stronger statistical backing from our predictive model.
MarketTrade ValueFair ValueEV Gap
No IPO before 202849.5%52.2%+2.7%
75B–100B11.2%45.0%+33.9%
<20B6.8%35.8%+29.1%
20B–30BBest EV6.5%49.4%+43.0%
30B–40B5.9%39.6%+33.7%
50B–75B5.7%47.6%+42.0%
100B+5.1%41.3%+36.2%
40B–50B4.5%44.1%+39.6%

Trade Activities

Here is the trade activities for this event.

Jun 29, 2026

  • 03:44 AM
    OKOklmntrader
    $0.63

    Sold 1.36 No for Will Perplexity not IPO by December 31, 2027? at 0.46

  • 03:02 AM
    PPPPMT
    $18.80

    Sold 20 No for Will Perplexity’s market cap be between $20B and $30B at market close on IPO day? at 0.94

Jun 28, 2026

  • 08:13 PM
    OKOklmntrader
    $9.00

    Sold 20 No for Will Perplexity not IPO by December 31, 2027? at 0.45

  • 06:48 PM
    5757dfgfdg
    $3.24

    Sold 7.54 No for Will Perplexity not IPO by December 31, 2027? at 0.43

  • 06:42 PM
    0X0xF0e02A54C235B27273FdC63FEf80224E1280016A-1777966205584
    $9.40

    Sold 21.36 No for Will Perplexity not IPO by December 31, 2027? at 0.44

  • 06:42 PM
    0X0xad99BFFCe03Cc56AC1b697aC15a173700E54dBaB-1770744877347
    $86.08

    Bought 156.5025 Yes for Will Perplexity not IPO by December 31, 2027? at 0.55

  • 06:42 PM
    0X0xad99BFFCe03Cc56AC1b697aC15a173700E54dBaB-1770744877347
    $26.00

    Bought 28.259453 No for Will Perplexity’s market cap be between $75B and $100B at market close on IPO day? at 0.92

Jun 26, 2026

  • 10:53 PM
    5050sad
    $0.65

    Sold 7.22 Yes for Will Perplexity’s market cap be between $75B and $100B at market close on IPO day? at 0.09

  • 10:44 PM
    RARazuchiONE
    $0.97

    Sold 10.8 Yes for Will Perplexity’s market cap be between $75B and $100B at market close on IPO day? at 0.09

  • 10:15 PM
    4848xsds
    $0.97

    Sold 10.8 Yes for Will Perplexity’s market cap be between $75B and $100B at market close on IPO day? at 0.09

  • 10:00 PM
    SCScottsRoad
    $0.99

    Sold 11.03 Yes for Will Perplexity’s market cap be between $75B and $100B at market close on IPO day? at 0.09

Jun 25, 2026

  • 12:58 PM
    PPPPMT
    $0.20

    Sold 5 Yes for Will Perplexity’s market cap be between $50B and $75B at market close on IPO day? at 0.04

Whales Wallets That Are Betting on This Event

A51
0xa5ef…2966
Event PnL
+$8,615.19
Volume
$9,714.79
Positions
NoNoNo+5
BI2
Biver52
Event PnL
+$10.24
Volume
$1,352.71
Positions
YesYesYes+3
AJ3
AJSV
Event PnL
+$2.85
Volume
$721.08
Positions
NoYesYes+5
WT4
wtfsss
Event PnL
+$0.00
Volume
$640.00
Positions
YesYesYes+5
CR5
cry.eth2
Event PnL
-$7.36
Volume
$596.96
Positions
YesYesYes+5
RO6
rocky42006
Event PnL
+$0.00
Volume
$547.02
Positions
YesNoYes+1
0D7
0x0dA3…4109
Event PnL
+$0.00
Volume
$538.93
Positions
YesYesYes+5
TH8
thecaricature
Event PnL
+$0.00
Volume
$428.94
Positions
YesYesYes+3

Frequently Asked Questions

What is the current market consensus on "Perplexity IPO Closing Market Cap"?

As of the latest update, No IPO before 2028 leads the field as the frontrunner with a 49.5% win probability, followed by 75B–100B at 11.2% and <20B at 6.8%. Total trading volume for this pool has reached $143.2K, indicating deep liquidity and high trader engagement.

How does the AI Fair Value differ from the live Market Trade Value?

The live Market Trade Value reflects public sentiment, order-book momentum and speculative capital. Our AI Fair Value is computed independently with quantitative models that strip out hype to focus on underlying data. When the two diverge, it creates an EV Gap, flagging where the market may be mispricing an outcome.

Which outcome represents the highest Expected Value (EV) right now?

Our latest run flags 20B–30B as the most significant mispricing. While the market trades it at a 6.5% implied probability, our AI calculates a Fair Value of 49.4% — an Expected Value gap of +43%, making it the premium value play in this pool.

Are there any high-value dark horse options hidden in the long-tail data?

Absolutely. Beyond the headline outcomes, our model highlights under-the-radar potential in lower-ranked options. 50B–75B holds a positive EV Gap of +42%, and 40B–50B shows +39.7%. These contracts are discounted by live order books despite stronger quantitative backing.

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