Trader consensus on Polymarket heavily favors no Perplexity IPO before 2028 at 50% implied probability, driven by CEO Aravind Srinivas's repeated public statements ruling out a near-term public listing and the company's ongoing private funding at a $20 billion valuation amid hypergrowth. Recent catalysts include a surge to over $450 million ARR by April 2026—up from $200 million late last year—powered by the Perplexity Computer agent, which orchestrates multiple large language models like Claude and GPT variants for enterprise task automation via subscriptions, abandoning low-yield ads. This positions 50B–75B (15%) as the top cap if an IPO materializes later, reflecting AI search competitive dynamics with OpenAI and Google, though publisher lawsuits add uncertainty; watch for Q2 funding announcements or S-1 filings.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedNo IPO before 2028 46%
50B–75B 14.3%
75B–100B 9.3%
100B+ 8.6%
$139,717 Vol.
$139,717 Vol.
Dec 31, 2027
<20B
4%
20B–30B
4%
30B–40B
6%
40B–50B
6%
50B–75B
14%
75B–100B
9%
100B+
9%
No IPO before 2028
46%
No IPO before 2028 46%
50B–75B 14.3%
75B–100B 9.3%
100B+ 8.6%
$139,717 Vol.
$139,717 Vol.
Dec 31, 2027
<20B
$4,454 Vol.
4%
20B–30B
$5,889 Vol.
4%
30B–40B
$4,370 Vol.
6%
40B–50B
$4,192 Vol.
6%
50B–75B
$6,236 Vol.
14%
75B–100B
$3,336 Vol.
9%
100B+
$4,811 Vol.
9%
No IPO before 2028
$106,430 Vol.
46%
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 heavily favors no Perplexity IPO before 2028 at 50% implied probability, driven by CEO Aravind Srinivas's repeated public statements ruling out a near-term public listing and the company's ongoing private funding at a $20 billion valuation amid hypergrowth. Recent catalysts include a surge to over $450 million ARR by April 2026—up from $200 million late last year—powered by the Perplexity Computer agent, which orchestrates multiple large language models like Claude and GPT variants for enterprise task automation via subscriptions, abandoning low-yield ads. This positions 50B–75B (15%) as the top cap if an IPO materializes later, reflecting AI search competitive dynamics with OpenAI and Google, though publisher lawsuits add uncertainty; watch for Q2 funding announcements or S-1 filings.
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
$139,717End 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 heavily favors no Perplexity IPO before 2028 at 50% implied probability, driven by CEO Aravind Srinivas's repeated public statements ruling out a near-term public listing and the company's ongoing private funding at a $20 billion valuation amid hypergrowth. Recent catalysts include a surge to over $450 million ARR by April 2026—up from $200 million late last year—powered by the Perplexity Computer agent, which orchestrates multiple large language models like Claude and GPT variants for enterprise task automation via subscriptions, abandoning low-yield ads. This positions 50B–75B (15%) as the top cap if an IPO materializes later, reflecting AI search competitive dynamics with OpenAI and Google, though publisher lawsuits add uncertainty; watch for Q2 funding announcements or S-1 filings.
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
$139,717End Date
Dec 31, 2027Market Opened
Jan 5, 2026, 6:06 PM ETResolver
0x2F5e3684c...Trader consensus on Polymarket heavily favors no Perplexity IPO before 2028 at 50% implied probability, driven by CEO Aravind Srinivas's repeated public statements ruling out a near-term public listing and the company's ongoing private funding at a $20 billion valuation amid hypergrowth. Recent catalysts include a surge to over $450 million ARR by April 2026—up from $200 million late last year—powered by the Perplexity Computer agent, which orchestrates multiple large language models like Claude and GPT variants for enterprise task automation via subscriptions, abandoning low-yield ads. This positions 50B–75B (15%) as the top cap if an IPO materializes later, reflecting AI search competitive dynamics with OpenAI and Google, though publisher lawsuits add uncertainty; watch for Q2 funding announcements or S-1 filings.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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