AZ-08 House winner? (2028): Republican party 91% ▲ 91AZ-09 House winner? (2028): Republican party 82% ▲ 82Big Bash League, Women: Sydney Sixers vs Syd… 9% ▼ 41Abu Dhabi T10 League: United Tigers vs Arabi… 9% ▼ 41Peak traffic through the Strait of Hormuz? (… 91% ▲ 38College Football Playoff Qualifiers: Ohio St. 14% ▼ 37ACC Men's U19 Asia Cup: India Under-19s vs P… 26% ▼ 24How much will Anthropic raise in its IPO: $7… 16% ▼ 23Will Pete Hegseth be impeached: Before Apr 1… 81% ▲ 23Brazilian Grand Prix: Driver Winner: Max Ver… 13% ▼ 23Test Match: Afghanistan vs Zimbabwe: Draw 84% ▲ 23NCAA Football: 2026 Heisman Award Winner: CJ… 32% ▲ 19ATP Paris Winner: Carlos Alcaraz 73% ▲ 19Next Israeli government # of seats: <58 71% ▲ 19Pete Hegseth impeached by...: March 31, 2027 77% ▲ 19Khamenei # posts November 3 - November 10, 2… 85% ▲ 18Heisman Trophy Winner: CJ Carr 34% ▲ 18Traffic through the Strait of Hormuz? (11/2 … 45% ▼ 18Jonathan Taylor Next Team: New York G 31% ▼ 18NCAA Football: 2026 Heisman Award Winner: Je… 21% ▼ 17Next leader out of power before 2027: Netany… 43% ▲ 17College Football Playoff Qualifiers: Texas 73% ▲ 17How much will Anthropic raise in its IPO: $6… 37% ▲ 17What will Trump say during 60 Minutes: Ukraine 69% ▼ 16AZ-08 House winner? (2028): Republican party 91% ▲ 91AZ-09 House winner? (2028): Republican party 82% ▲ 82Big Bash League, Women: Sydney Sixers vs Syd… 9% ▼ 41Abu Dhabi T10 League: United Tigers vs Arabi… 9% ▼ 41Peak traffic through the Strait of Hormuz? (… 91% ▲ 38College Football Playoff Qualifiers: Ohio St. 14% ▼ 37ACC Men's U19 Asia Cup: India Under-19s vs P… 26% ▼ 24How much will Anthropic raise in its IPO: $7… 16% ▼ 23Will Pete Hegseth be impeached: Before Apr 1… 81% ▲ 23Brazilian Grand Prix: Driver Winner: Max Ver… 13% ▼ 23Test Match: Afghanistan vs Zimbabwe: Draw 84% ▲ 23NCAA Football: 2026 Heisman Award Winner: CJ… 32% ▲ 19ATP Paris Winner: Carlos Alcaraz 73% ▲ 19Next Israeli government # of seats: <58 71% ▲ 19Pete Hegseth impeached by...: March 31, 2027 77% ▲ 19Khamenei # posts November 3 - November 10, 2… 85% ▲ 18Heisman Trophy Winner: CJ Carr 34% ▲ 18Traffic through the Strait of Hormuz? (11/2 … 45% ▼ 18Jonathan Taylor Next Team: New York G 31% ▼ 18NCAA Football: 2026 Heisman Award Winner: Je… 21% ▼ 17Next leader out of power before 2027: Netany… 43% ▲ 17College Football Playoff Qualifiers: Texas 73% ▲ 17How much will Anthropic raise in its IPO: $6… 37% ▲ 17What will Trump say during 60 Minutes: Ukraine 69% ▼ 16

Lead Bank in OpenAI's IPO Odds

Polymarket traders give Goldman Sachs a 51% chance (Kalshi: 65%).

Polymarket Volume $61.4K 24h $0 Liquidity $11.8K Ends Jan 1, 2028 Updated Nov 8, 7:00 AM EST
OutcomeChanceOdds24h Kalshi
Goldman Sachs
51% -102 ▼ 5 65%
Morgan Stanley
34% +199 ▲ 1 28%
Bank of America
1% +8991 — <1%
JPMorgan
<1% +39900 — <1%
Citigroup
<1% +39900 — <1%
Barclays
<1% +39900 — —
UBS
<1% +39900 — —
Deutsche Bank
<1% +39900 — —
Wells Fargo
<1% +39900 — —

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Price history

0% 25% 50% 75% 100% Oct 16 Nov 8
Goldman SachsMorgan StanleyBank of America

On Kalshi

The same question also trades on Kalshi. Check the resolution rules before comparing prices: small wording differences change what pays out.

Which bank will lead OpenAI's IPO? · Before Jan 1, 2028
Goldman Sachs65% ▼ 4
Morgan Stanley28% ▲ 1
No Listed Underwriter3% —
JPMorgan Chase<1% —
Kalshi $49 24h · $9.0K vol

Resolution rules

This market will resolve according to the bank that serves as the lead underwriter in the initial public offering of OpenAI. If no IPO occurs by December 31, 2027, 11:59 PM ET, or OpenAI completes an initial public offering without a designated lead underwriter, this market will resolve to “Other.” If multiple banks are identified as lead underwriters, this market will resolve according to the primary lead underwriter. If the hierarchy between them is unclear, this market will resolve once it is conclusively evident which bank is the primary lead underwriter, for example, through the order in which the banks are listed in the underwriting section of OpenAI's final initial public offering prospectus, once released. The primary resolution source for this market will be official disclosures from OpenAI. A consensus of credible reporting may also be used.

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

FAQ

Who is favored in Lead Bank in OpenAI's IPO?

As of Nov 8, 7:00 AM EST, traders on Polymarket price Goldman Sachs at 51%, about -102 in American odds. On Kalshi the same outcome trades at 65%. 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 1, 2028 as the end date. It can close earlier if the outcome is decided.

Where can I trade on Lead Bank in OpenAI's IPO?

This market trades on Polymarket and a matching market trades on Kalshi. 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.