Name: Lead Bank in SpaceX’s IPO?
Start: 2025-12-25T18:44:31.784612Z
End: 2027-12-31T00:00:00Z

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This market will resolve according to the bank that serves as the lead underwriter in the initial public offering of SpaceX.

If no IPO occurs by December 31, 2027, 11:59 PM ET, or SpaceX 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 SpaceX’s final initial public offering prospectus, once released.

The primary resolution source for this market will be official disclosures from SpaceX. A consensus of credible reporting may also be used.

Morgan Stanley

Goldman Sachs

JPMorgan

Bank of America

Citigroup

Barclays

Deutsche Bank

Wells Fargo

Lead Bank in SpaceX’s IPO?

This market will resolve according to the public ticker symbol used by SpaceX in an IPO (Initial Public Offering) by December 31, 2027, 11:59 PM ET.

An official announcement from SpaceX that they will IPO under a specific ticker symbol will be sufficient to resolve this market.

If a ticker used by SpaceX in a qualifying IPO is a variant of a ticker symbol listed in this market group with additional letters to denote a specific class of shares, it will be considered to be that ticker (e.g. if SpaceX uses a ticker symbol of $MARS.A or $MARSA, this market will resolve to $MARS).

If SpaceX announces an IPO with multiple tickers that are not considered the same ticker under the previous rule (i.e. $MARS.A and $MARS.B would be considered the same ticker), this market will remain open until SpaceX’s first day of public trading and will resolve according to the ticker symbolizing the security class with the greatest market capitalization. Market capitalization is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day. If this also results in a tie, this market will resolve according to the ticker symbol that comes first in alphabetical order.

If SpaceX IPOs with a non-listed ticker, or does not IPO or officially announce an IPO and ticker symbol by December 31, 2027, 11:59 PM ET, this market will resolve to “Other.”

The primary resolution source for this market will be official information from SpaceX and the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.

Note: In the event of an interruption in the course of the normal trading session on SpaceX’s first day of trading (e.g., a circuit breaker or half-day), the market will use the official closing price of the abbreviated session. If no such official closing price is published, the market will use the closing price on the next trading day for which an official closing price is published, treating that as the first day of trading for purposes of this market.

Will SpaceX's public ticker be $SPAX?

Investor Bill Ackman proposed on X that Elon Musk take SpaceX public through a merger with Pershing Square SPARC Holdings Ltd., a company founded and run by Ackman to innovatively transact public offerings through the use of Special Purpose Acquisition Rights or “SPARs” (see: https://x.com/BillAckman/status/2002484983123136990).

This market will resolve to “Yes” if either of the following conditions are met:

- An agreed merger or business combination deal between SpaceX and Pershing Square SPARC Holdings Ltd. is officially announced by December 31, 2026, 11:59 PM ET.
- An offering of “SPARs” to Tesla Shareholders or other individuals which represent a subscription warrant to purchase shares in a business combination of Pershing Square SPARC Holdings Ltd. and SpaceX is officially announced by December 31, 2026, 11:59 PM ET.

Otherwise, this market will resolve to “No”.

An official announcement of an agreed merger/combination of these two companies or a SPAR offering of subscription warrants to purchase shares in a combination of these companies will be sufficient to resolve this market, regardless of when the merger or SPAR offering actually occurs.

If SpaceX goes public through another means, (i.e. SpaceX IPOs through a typical listing of their shares on a public stock exchange), this market will resolve immediately to “No”

The primary resolution source for this market will be official company communications and/or regulatory filings from SpaceX and Pershing Square SPARC Holdings Ltd.; however, a consensus of credible reporting may also be used.

SpaceX goes public through Bill Ackman "SPAR" company?

This market will resolve to “Yes” if the official closing price for SpaceX’s market capitalization on its first trading day is above the value specified in the title. Otherwise, it will resolve to “No”.

If no IPO occurs by December 31, 2027, 11:59 PM ET, this market will resolve to “No”.

Market capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.

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 SpaceX’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.

SpaceX IPO closing market cap above $1T?

This market will resolve to “Yes” if OpenAI completes an initial public offering (IPO) valued at $1 trillion USD or higher at the time of the IPO by December 31, 2026, 11:59 PM ET. Otherwise, it will resolve to “No.”

An “initial public offering (IPO)” refers to the first sale of OpenAI’s equity securities to the public through a regulated stock exchange.

OpenAI will be considered to have achieved a $1 trillion valuation if the market capitalization implied by the IPO offering price multiplied by the total number of outstanding shares equals or exceeds $1 trillion USD.

Announcements, filings, or planned IPOs that do not result in public trading by that time will not qualify. Private funding rounds, secondary share sales, or employee-share transactions will not be considered. A direct listing or merger via SPAC will qualify only if it results in OpenAI’s common shares becoming publicly traded for the first time on a major exchange.

If OpenAI’s IPO is priced before the resolution deadline but public trading has not yet commenced, the market may remain open for up to 30 calendar days to determine whether the IPO is completed.

If OpenAI is acquired, dissolved, or merged into another entity before an IPO occurs, this market will resolve to “No.” In the event of a restructuring, the market will resolve based on the entity legally recognized as OpenAI’s successor will 

The resolution source will be a consensus for credible reporting.

OpenAI $1t+ IPO before 2027?

This market will resolve to "Yes" if OpenAI completes an Initial Public Offering (IPO) by the listed date ET, as confirmed by official company announcements and credible news sources. Otherwise, this market will resolve to "No".

The IPO refers to the first sale of stock by the listed company to the public on any recognized stock exchange.

If OpenAI is acquired by another company that is already public, this market will immediately resolve to "No."

The resolution source for this market is a consensus of credible reporting.

Will OpenAI IPO by December 31 2026?

This market will resolve based on OpenAI's market capitalization at the closing price on its first day of trading.

If no IPO occurs by December 31, 2026, 11:59 PM ET, the market will resolve to "No IPO by December 31, 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 OpenAI’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.

Will OpenAI not IPO by December 31, 2026?

This market will resolve based on Discord's market capitalization at the closing price on its first day of trading.

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.

Will Discord not IPO by June 30, 2026?

This market will resolve to "Yes" if Kraken completes an Initial Public Offering (IPO) by the listed date ET, as confirmed by official company announcements and credible news sources. Otherwise, this market will resolve to "No."

The IPO refers to the first sale of stock by the listed company to the public on any recognized stock exchange.

If Kraken is acquired by another company that is already public, this market will immediately resolve to "No."

The resolution source for this market is a consensus of credible reporting.

Kraken IPO by December 31, 2026?

This market will resolve to "Yes" if Elon Musk is any rank other than #1 on the Bloomberg Billionaires Index at any point between June 30, and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The resolution source for this market will be the Bloomberg Billionaires Index (https://www.bloomberg.com/billionaires/). If this source becomes permanently unavailable in that time period, the Forbes Real-Time Billionaires List will be used (https://www.forbes.com/real-time-billionaires/#6aa3f0213d78). If both sources become permanently unavailable, this market will resolve to "No".

Elon no longer world's richest before 2026?

This market will resolve to “Yes” if credible reporting confirms that Elon Musk, either personally or through an entity led by him, enters into an agreement to buy OpenAI (or the nonprofit that controls OpenAI) by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

An announced agreement between Elon Musk and OpenAI will qualify for a “Yes” resolution, regardless of whether the acquisition is ultimately completed.

An agreement to merge with an entity led by Elon Musk will count toward "Yes" resolution.

The primary resolution source for this market is official information from Elon Musk, Sam Altman, and/or OpenAI however a consensus of credible reporting will also be used.

Will Elon Musk buy OpenAI in 2025?

This market will resolve based on Anthropic's market capitalization at the closing price on its first day of trading.

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 Anthropic’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.

Will Anthropic not IPO by June 30, 2026?

This market will resolve to “No” if any of the following conditions are met between this market’s creation and March 31, 2026, 11:59 PM ET:

- Elon Musk rejoins Trump Administration
- Trump deports Elon Musk
- Elon Musk trillionaire
- Another Elon baby

Otherwise, this market will resolve to “Yes”.

The full rules for this market can be found here: 
https://polymarket-upload.s3.us-east-2.amazonaws.com/Nothing+Ever+Happens+Elon+Musk+Edition.pdf

Nothing Ever Happens: Elon Edition

This market will resolve to “Yes” if Elon Musk (@elonmusk) unfollows Grimes (@Grimezsz) on X at any point between December 10, 2025, 2PM ET and January 31, 2026, 11:59 PM ET. Otherwise this market will resolve to “No”.

If either of the ‘@elonmusk’ or ‘@Grimezsz’ X accounts are deleted or disabled this market will immediately resolve to “No”.

The primary resolution source for this market will be Elon Musk X account (@elonmusk), however a consensus of credible reporting may also be used.

Will Elon Musk unfollow Grimes by January 31?

This market will resolve to "Yes" if the existence of another Elon Musk child is confirmed between December 10, 2025 and June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

Any child explicitly claimed by Elon Musk or confirmed to be his child by a consensus of credible reporting will qualify.

Qualifying announcements of a pregnancy will count.

The resolution source for this market will be information from Elon Musk and a consensus of credible reporting.

Another Elon baby by June 30?

This market will resolve to “Yes” if all of the following conditions are met by December 31, 2025, 11:59 PM ET:

- Monad launches a token
- MetaMask launches a token
- Lighter launches a token
- Opensea launches a token
- Meteora launches a token

This market will resolve to “No” if any of the above-specified projects do not launch a token during this market’s above-specified time frame.

For a qualifying launch, the token must be actively and publicly transferable and tradable. Announcements alone do not qualify.

The primary resolution source for this market will be information from the respective projects; however, a consensus of credible reporting will also be used.

Token Launch Party Parlay

This market will resolve based on Fannie Mae's market capitalization at the closing price on its first day of trading.

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 Fannie Mae’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.

Will Fannie Mae not IPO by June 30, 2026?

This market will resolve based on Freddie Mac's market capitalization at the closing price on its first day of trading.

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 Freddie Mac’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.

Will Freddie Mac not IPO by June 30, 2026?

This market will resolve to "Yes" if evidence is made public confirming that Elon Musk has visited visited Little Saint James by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

This includes but is not limited to flight logs, photographs, videos, court records, or sworn testimony that clearly place Elon Musk on the island.

The resolution source for this market will be a consensus of credible reporting.

Evidence Elon Musk went to Epstein's Island made public in 2025?

This market will resolve to "Yes" if Base officially launches a token by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

The token must be actively and publicly transferable and tradable. Announcements alone do not qualify

The primary resolution source for this market will be information from Base, however a consensus of credible reporting will also be used.


Will Base launch a token by December 31, 2026?

This market will resolve to “Yes” if Spark officially launches a governance token by 11:59 PM ET on the date specified in the title. Otherwise, this market will resolve to “No”.

The token must be actively and publicly transferable and tradable. Announcements alone do not qualify.

The primary resolution source for this market will be information from Spark (https://x.com/spark), however a consensus of credible reporting will also be used.

Will Spark launch a token by December 31, 2026

This market will resolve to the listed participant with the highest PnL at the end of the Defi App trading competition starting on November 10, 2025.

The resolution source will be the Defi App Leaderboard on https://app.defi.app/contest.

If two or more participants are tied for the highest PnL at the time of resolution, the market will resolve to the participant whose display name appears first in alphabetical order on the official Defi App leaderboard.

If the competition is not completed or the official leaderboard is unavailable, the market will remain open until reliable data is published by Defi App. If no such data becomes available by January 31, 2026 ET, the market will resolve to “Other.”

Note: The official competition includes a large number of participants, however this market will resolve solely based on the listed group of KOL participants. Traders who are not eligible KOLs will not be considered. An eligible KOL will be considered to have won if they are the top trader out of eligible KOLs, regardless of if one of the non-KOL participants finishes ahead of them.

Will Pepper win the Defi App trading competition?

This market will resolve to "Yes" if Elon Musk (@elonmusk) changes his X profile picture by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The primary resolution source for this market will be Elon Musk's X account: https://x.com/elonmusk

For an example of what Elon Musk's X pfp was at the time of this market's inception, see this link: https://polymarket-upload.s3.us-east-2.amazonaws.com/elonmuskpfp12042025.png


Will Elon Musk change his X profile picture by December 31?

This market will resolve according to the first individual who is officially announced as the successor to Elon Musk as CEO of Tesla by December 31, 2025. 

An announcement of a successor will be sufficient for a "Yes" resolution regardless of whether the announced replacement actually becomes the next CEO of Tesla.

The resolution source will be public statements from Tesla.

Will no CEO be announced in 2025?

This market will resolve to the company that owns the model with the top LiveBench “coding average” score on the LiveBench AI model leaderboard (https://livebench.ai/#/) on March 31, 2026 at 12:00 PM ET. 

If two models are tied for the top LiveBench coding average score at this market's check time, resolution will be based on whichever company's name, as it is described in this market group, comes first in alphabetical order.

The primary source of resolution for this market will be LiveBench’s AI leaderboard, specifically the “coding average” category, found at livebench.ai. If this resolution source is unavailable at check time, this market will remain open until the leaderboard comes back online and resolve based on the first check after it becomes available. If it becomes permanently unavailable, this market will resolve based on another resolution source.

Will OpenAI have the best AI model for coding on March 31?

This market will resolve to "Yes" if Elon Musk is a guest on any "The Joe Rogan Experience" podcast episode between December 1, 2025 and June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

If a consensus of credible reporting confirms Elon Musk recorded an episode with Rogan before the resolution date, this market will resolve to "Yes" regardless of when/if it is released.

The primary resolution source for this market will be Spotify and/or Youtube, however a consensus of credible reporting may also be used.

Will Elon Musk go on Joe Rogan before June 30?

This market will resolve to “Yes” if credible reporting confirms that any entity enters into an agreement to acquire the listed company by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Mergers where the listed company is subsumed by another entity will count toward a "Yes" resolution.

An announced agreement between the listed company and an acquiring entity will qualify for a “Yes” resolution, regardless of whether the acquisition is ultimately completed.

The primary resolution source for this market is official information from the listed company and/or its leadership; however, a consensus of credible reporting will also be used.

Will Ubisoft be acquired before 2027?

This market will resolve to “Yes” if Extended (https://x.com/extendedapp) officially launches a governance token by 11:59 PM ET on the date specified in the title. Otherwise, this market will resolve to “No”.

The token must be actively and publicly transferable and tradable. Announcements alone do not qualify.

The primary resolution source for this market will be information from Extended, however a consensus of credible reporting will also be used.

Will Extended launch a token by December 31 2026?

If Rocket Lab’s Neutron rocket successfully launches from its launch pad by December 31, 2025, 11:59 PM ET, this market will resolve to “Yes”. Otherwise, this market will resolve to “No.”

The outcome of any launch will be corroborated by examining official video provided by Rocket Lab (https://www.youtube.com/@RocketLabCorp), as well as secondary video feeds and/or written reports if necessary.

Any subsequent anomaly (e.g., explosion or failed ascent) after the initial liftoff will have no bearing on the outcome. Any name change or rebranding of the Neutron vehicle will have no bearing on the market’s resolution.

Lead Bank in SpaceX’s IPO?

Morgan Stanley
$498 Vol.
67%

Goldman Sachs
$885 Vol.
19%

JPMorgan
$440 Vol.
11%

Barclays
$209 Vol.
6%

Bank of America
$189 Vol.
6%

Citigroup
$168 Vol.
6%

Deutsche Bank
$189 Vol.
6%

UBS
$160 Vol.
2%

Wells Fargo
$191 Vol.
2%

Market Context

Lead Bank in SpaceX’s IPO?

Rules

Lead Bank in SpaceX’s IPO?

Market Context

Lead Bank in SpaceX’s IPO?

About

Related

Lead Bank in SpaceX’s IPO?

Morgan Stanley$498 Vol.67%buy Yes72¢buy No39¢

Goldman Sachs$885 Vol.19%buy Yes23¢buy No86¢

JPMorgan$440 Vol.11%buy Yes19.2¢buy No97.9¢

Barclays$209 Vol.6%buy Yes11.2¢buy No99.0¢

Bank of America$189 Vol.6%buy Yes9¢buy No97¢

Citigroup$168 Vol.6%buy Yes10.9¢buy No99.0¢

Deutsche Bank$189 Vol.6%buy Yes10.9¢buy No99.0¢

UBS$160 Vol.2%buy Yes3.0¢buy No99.0¢

Wells Fargo$191 Vol.2%buy Yes2.1¢buy No99.0¢

Market Context

Lead Bank in SpaceX’s IPO?

Rules

Lead Bank in SpaceX’s IPO?

Market Context

Lead Bank in SpaceX’s IPO?

About

Related

Morgan Stanley
$498 Vol.
67%

Goldman Sachs
$885 Vol.
19%

JPMorgan
$440 Vol.
11%

Barclays
$209 Vol.
6%

Bank of America
$189 Vol.
6%

Citigroup
$168 Vol.
6%

Deutsche Bank
$189 Vol.
6%

UBS
$160 Vol.
2%

Wells Fargo
$191 Vol.
2%