Trader consensus on Polymarket favors no Perplexity IPO before 2028 at 54.5% implied probability, driven by the AI search engine's lack of public filing signals or announcements following its September 2025 funding round of $200 million at a $20 billion private valuation. This cash infusion, atop prior raises pushing annualized recurring revenue past $200 million by late 2025, enables sustained growth without public market pressures, bolstered by the March 2026 launch of its "Computer" platform routing queries across 19 third-party large language models like Claude, Gemini, and Grok for specialized tasks. Higher market caps like 50B–75B (19.6%) and 40B–50B (14.6%) reflect optimism for scaled AI capabilities amid competitive orchestration from model providers, though no near-term catalysts like S-1 filings or earnings previews are evident to shift sentiment.
Experimental AI-generated summary referencing Polymarket data · UpdatedNo IPO before 2028 53%
40B–50B 16.8%
50B–75B 7.8%
75B–100B 4.8%
$124,373 Vol.
$124,373 Vol.
Dec 31, 2027
<20B
4%
20B–30B
3%
30B–40B
4%
40B–50B
18%
50B–75B
20%
75B–100B
5%
100B+
4%
No IPO before 2028
53%
No IPO before 2028 53%
40B–50B 16.8%
50B–75B 7.8%
75B–100B 4.8%
$124,373 Vol.
$124,373 Vol.
Dec 31, 2027
<20B
$4,385 Vol.
4%
20B–30B
$5,711 Vol.
3%
30B–40B
$0 Vol.
4%
40B–50B
$0 Vol.
18%
50B–75B
$6,171 Vol.
20%
75B–100B
$3,177 Vol.
5%
100B+
$0 Vol.
4%
No IPO before 2028
$104,928 Vol.
53%
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.Trader consensus on Polymarket favors no Perplexity IPO before 2028 at 54.5% implied probability, driven by the AI search engine's lack of public filing signals or announcements following its September 2025 funding round of $200 million at a $20 billion private valuation. This cash infusion, atop prior raises pushing annualized recurring revenue past $200 million by late 2025, enables sustained growth without public market pressures, bolstered by the March 2026 launch of its "Computer" platform routing queries across 19 third-party large language models like Claude, Gemini, and Grok for specialized tasks. Higher market caps like 50B–75B (19.6%) and 40B–50B (14.6%) reflect optimism for scaled AI capabilities amid competitive orchestration from model providers, though no near-term catalysts like S-1 filings or earnings previews are evident to shift sentiment.
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.
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.
Market Opened: Jan 5, 2026, 6:06 PM ET
Volume
$124,373End Date
Dec 31, 2027Market Opened
Jan 5, 2026, 6:06 PM ETResolver
0x2F5e3684c...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.Trader consensus on Polymarket favors no Perplexity IPO before 2028 at 54.5% implied probability, driven by the AI search engine's lack of public filing signals or announcements following its September 2025 funding round of $200 million at a $20 billion private valuation. This cash infusion, atop prior raises pushing annualized recurring revenue past $200 million by late 2025, enables sustained growth without public market pressures, bolstered by the March 2026 launch of its "Computer" platform routing queries across 19 third-party large language models like Claude, Gemini, and Grok for specialized tasks. Higher market caps like 50B–75B (19.6%) and 40B–50B (14.6%) reflect optimism for scaled AI capabilities amid competitive orchestration from model providers, though no near-term catalysts like S-1 filings or earnings previews are evident to shift sentiment.
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.
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.
Volume
$124,373End Date
Dec 31, 2027Market Opened
Jan 5, 2026, 6:06 PM ETResolver
0x2F5e3684c...Trader consensus on Polymarket favors no Perplexity IPO before 2028 at 54.5% implied probability, driven by the AI search engine's lack of public filing signals or announcements following its September 2025 funding round of $200 million at a $20 billion private valuation. This cash infusion, atop prior raises pushing annualized recurring revenue past $200 million by late 2025, enables sustained growth without public market pressures, bolstered by the March 2026 launch of its "Computer" platform routing queries across 19 third-party large language models like Claude, Gemini, and Grok for specialized tasks. Higher market caps like 50B–75B (19.6%) and 40B–50B (14.6%) reflect optimism for scaled AI capabilities amid competitive orchestration from model providers, though no near-term catalysts like S-1 filings or earnings previews are evident to shift sentiment.
Experimental AI-generated summary referencing Polymarket data · Updated
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