AZ-08 House winner? (2028): Republican party 91% ▲ 91AZ-09 House winner? (2028): Republican party 82% ▲ 82New Zealand general election winner: National 37% ▼ 61Big Bash League, Women: Sydney Sixers vs Syd… 9% ▼ 41Abu Dhabi T10 League: United Tigers vs Arabi… 9% ▼ 41Peak traffic through the Strait of Hormuz? (… 92% ▲ 39College Football Playoff Qualifiers: Ohio St. 14% ▼ 37Test Match: Afghanistan vs Zimbabwe: Draw 72% ▲ 24Will Pete Hegseth be impeached: Before Apr 1… 82% ▲ 23Brazilian Grand Prix: Driver Winner: Max Ver… 13% ▼ 23"Avengers: Doomsday" Opening Weekend Box Off… 57% ▲ 22ATP Paris Winner: Carlos Alcaraz 78% ▲ 21Pete Hegseth impeached by...: March 31, 2027 78% ▲ 20How much will Anthropic raise in its IPO: $6… 44% ▲ 20Pete Hegseth impeached by...: December 31, 2… 62% ▲ 20NCAA Football: 2026 Heisman Award Winner: CJ… 32% ▲ 19Heisman Trophy Winner: CJ Carr 34% ▲ 18Jonathan Taylor Next Team: New York G 32% ▼ 18Who will receive the second mandate to form … 57% ▲ 18Khamenei # posts November 3 - November 10, 2… 84% ▲ 17NCAA Football: 2026 Heisman Award Winner: Je… 21% ▼ 17College Football Playoff Qualifiers: Texas 73% ▲ 17Vincent van Gogh's “Châtaigniers en fleurs” … 30% ▲ 17What will Trump say during 60 Minutes: Midterm 74% ▼ 16AZ-08 House winner? (2028): Republican party 91% ▲ 91AZ-09 House winner? (2028): Republican party 82% ▲ 82New Zealand general election winner: National 37% ▼ 61Big Bash League, Women: Sydney Sixers vs Syd… 9% ▼ 41Abu Dhabi T10 League: United Tigers vs Arabi… 9% ▼ 41Peak traffic through the Strait of Hormuz? (… 92% ▲ 39College Football Playoff Qualifiers: Ohio St. 14% ▼ 37Test Match: Afghanistan vs Zimbabwe: Draw 72% ▲ 24Will Pete Hegseth be impeached: Before Apr 1… 82% ▲ 23Brazilian Grand Prix: Driver Winner: Max Ver… 13% ▼ 23"Avengers: Doomsday" Opening Weekend Box Off… 57% ▲ 22ATP Paris Winner: Carlos Alcaraz 78% ▲ 21Pete Hegseth impeached by...: March 31, 2027 78% ▲ 20How much will Anthropic raise in its IPO: $6… 44% ▲ 20Pete Hegseth impeached by...: December 31, 2… 62% ▲ 20NCAA Football: 2026 Heisman Award Winner: CJ… 32% ▲ 19Heisman Trophy Winner: CJ Carr 34% ▲ 18Jonathan Taylor Next Team: New York G 32% ▼ 18Who will receive the second mandate to form … 57% ▲ 18Khamenei # posts November 3 - November 10, 2… 84% ▲ 17NCAA Football: 2026 Heisman Award Winner: Je… 21% ▼ 17College Football Playoff Qualifiers: Texas 73% ▲ 17Vincent van Gogh's “Châtaigniers en fleurs” … 30% ▲ 17What will Trump say during 60 Minutes: Midterm 74% ▼ 16

Largest IPO by market cap in 2026 Odds

Polymarket traders give SpaceX a 89% chance.

Polymarket Volume $7.8M 24h $62.5K Liquidity $897K Ends Jan 2, 2027 Updated Nov 8, 5:30 AM EST
OutcomeChanceOdds24h
SpaceX
89% -770 ▼ 1
Anthropic
10% +953 ▼ 1
OpenAI
<1% +66567 —
ByteDance
<1% +199900 —
Stripe
<1% +199900 —
Databricks
<1% +199900 —
SHEIN
<1% +199900 —
Waymo
<1% +199900 —
Revolut
<1% +199900 —
Discord
<1% +199900 —
Perplexity AI
<1% +199900 —
Kraken
<1% +199900 —

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Price history

0% 25% 50% 75% 100% Sep 30 Nov 8
SpaceXAnthropicOpenAIByteDance

Resolution rules

This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026. This market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET. Market capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day. If two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically. 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 case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used. A listed company may resolve to "No" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded. In the event of an interruption in the course of the normal trading session on the respective companies’ 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.

Source: Polymarket. The venue's rules are final.

FAQ

Who is favored in Largest IPO by market cap in 2026?

As of Nov 8, 5:30 AM EST, traders on Polymarket price SpaceX at 89%, about -770 in American odds. Prices move with every trade.

How are prediction market odds calculated?

Each contract pays $1 if the outcome happens and $0 if it doesn't, so its price is the market's implied probability: a 60¢ contract means roughly a 60% chance. We show the last trade, or the midpoint between the best bid and ask when the order book is tight.

When does this market close?

Polymarket lists Jan 2, 2027 as the end date. It can close earlier if the outcome is decided.

Where can I trade on Largest IPO by market cap in 2026?

This market trades on Polymarket. Availability depends on where you live: Kalshi is a CFTC-regulated US exchange, while Polymarket's international site isn't available to US users (Polymarket US is a separate app). You must be 18 or older.