Trader consensus on Polymarket prices an 80% implied probability against a Discord IPO by June 30, 2026, reflecting stalled momentum following the company's confidential SEC filing in January 2026, which targeted a March debut but yielded no public S-1 registration or roadshow progress amid prolonged regulatory review and volatile tech IPO conditions. Secondary outcomes cluster low—<15B at 8.2%, with cap bands like 15–20B (1.8%) and 30B+ (2.5%)—due to execution risks despite robust fundamentals including $800 million annualized recurring revenue, 20% year-over-year growth, and 250 million monthly active users that could justify 20–25x multiples akin to prior $15 billion private valuations. Key catalysts: potential S-1 disclosure or Q2 economic data influencing listing appetite.
Experimental AI-generated summary referencing Polymarket data · UpdatedNo IPO by June 30, 2026 80%
<15B 8.1%
30B+ 2.6%
15–20B 1.8%
$814,417 Vol.
$814,417 Vol.
<15B
8%
15–20B
2%
20–25B
1%
25–30B
1%
30B+
3%
No IPO by June 30, 2026
80%
No IPO by June 30, 2026 80%
<15B 8.1%
30B+ 2.6%
15–20B 1.8%
$814,417 Vol.
$814,417 Vol.
<15B
8%
15–20B
2%
20–25B
1%
25–30B
1%
30B+
3%
No IPO by June 30, 2026
80%
If no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO by June 30, 2026".
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 Discord’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: Sep 22, 2025, 8:18 PM ET
Resolver
0x2F5e3684c...If no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO by June 30, 2026".
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 Discord’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.
Resolver
0x2F5e3684c...Trader consensus on Polymarket prices an 80% implied probability against a Discord IPO by June 30, 2026, reflecting stalled momentum following the company's confidential SEC filing in January 2026, which targeted a March debut but yielded no public S-1 registration or roadshow progress amid prolonged regulatory review and volatile tech IPO conditions. Secondary outcomes cluster low—<15B at 8.2%, with cap bands like 15–20B (1.8%) and 30B+ (2.5%)—due to execution risks despite robust fundamentals including $800 million annualized recurring revenue, 20% year-over-year growth, and 250 million monthly active users that could justify 20–25x multiples akin to prior $15 billion private valuations. Key catalysts: potential S-1 disclosure or Q2 economic data influencing listing appetite.
Experimental AI-generated summary referencing Polymarket data · Updated
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