Name: SpaceX Starship Flight Test 12
Start: 2025-10-17T21:16:23.303489Z
End: 2026-01-31T00:00:00Z

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This is a market on the outcome of the SpaceX Starship Flight Test 12.

If the 12th SpaceX Starship successfully launches from its launch pad by November 30, 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 SpaceX (https://www.youtube.com/c/SpaceX), as well as secondary video feeds and/or written reports if necessary.

Any subsequent anomaly (e.g., an explosion) after the launch will have no bearing on the outcome. Any name change of the Starship with another vehicle will have no bearing on the outcome of the market.

November 30

This market will resolve to "Yes" if the booster for the twelfth Starship-SuperHeavy test explodes at any point during the test from the start of fueling operations to 60 minutes after it makes contact with Earth upon landing. Otherwise, this market will resolve to “No”.

An explosion is defined as a violent and catastrophic event resulting in the destruction of all or part of the vehicle, regardless of intent or context (e.g., a planned termination event would also count).

If the twelfth launch has not occurred by April 30, 2026, 11:59 PM ET, this market will resolve to "No".

Note: The sixth Starship-SuperHeavy test flight which exploded after executing controlled splashdown in the Gulf of Mexico would qualify for a "Yes" resolution.

The resolution source for this market will be official video provided by SpaceX (https://www.youtube.com/c/SpaceX), as well as secondary video feeds and/or written reports if necessary.

Super Heavy booster explodes?

If the 12th SpaceX Starship 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 SpaceX (https://www.youtube.com/c/SpaceX), as well as secondary video feeds and/or written reports if necessary.

Any subsequent anomaly (e.g., an explosion) after the launch will have no bearing on the outcome. Any name change of the Starship with another vehicle will have no bearing on the outcome of the market.

December 31

This market will resolve to "Yes" if the Starship upper stage for the twelfth Starship-SuperHeavy test flight achieves a controlled splashdown in the ocean. Otherwise, this market will resolve to "No".

This market pertains to the twelfth Starship launch. If the rocket lifts off the pad, it will be considered the twelfth Starship launch, and this market will resolve based on it. If the rocket does not lift off the pad, it will not be considered the twelfth launch, and this market will stay open until the twelfth launch has occurred. If the twelfth launch has not occurred by April 30, 2026, 11:59 PM ET, this market will resolve to "No".

A splashdown will be considered controlled if the Starship upper stage successfully re-enters Earth's atmosphere, remains intact during descent, and enters the water without breaking apart or exploding upon impact.

The resolution source for this market will be official video provided by SpaceX (https://www.youtube.com/c/SpaceX), as well as secondary video feeds and/or written reports if necessary.

Successful splash down?

If the 12th SpaceX Starship successfully launches from its launch pad by January 31, 2026, 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 SpaceX (https://www.youtube.com/c/SpaceX), as well as secondary video feeds and/or written reports if necessary.

Any subsequent anomaly (e.g., an explosion) after the launch will have no bearing on the outcome. Any name change of the Starship with another vehicle will have no bearing on the outcome of the market.

January 31

This market will resolve to "Yes" if the booster for the twelfth Starship-SuperHeavy test is successfully caught by the chopsticks on the Orbital Launch Tower during its landing attempt. Otherwise, this market will resolve to "No".

A successful catch is defined as the chopsticks capturing and supporting the booster without it falling to the ground or causing catastrophic damage during the landing process.

This market pertains to the twelfth Starship launch. If the rocket lifts off the pad, it will be considered the twelfth Starship launch, and this market will resolve based on it. If the rocket does not lift off the pad, it will not be considered the twelfth launch, and this market will stay open until the twelfth launch has occurred. If the twelfth launch has not occurred by April 30, 2026, 11:59 PM ET, this market will resolve to "No".

The resolution source for this market will be official video provided by SpaceX (https://www.youtube.com/c/SpaceX), as well as secondary video feeds and/or written reports if necessary.

Chopsticks catch Super Heavy booster?

If the 12th SpaceX Starship successfully launches from its launch pad by February 28, 2026, 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 SpaceX (https://www.youtube.com/c/SpaceX), as well as secondary video feeds and/or written reports if necessary.

Any subsequent anomaly (e.g., an explosion) after the launch will have no bearing on the outcome. Any name change of the Starship with another vehicle will have no bearing on the outcome of the market.

February 28

If the 12th SpaceX Starship successfully launches from its launch pad by March 31, 2026, 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 SpaceX (https://www.youtube.com/c/SpaceX), as well as secondary video feeds and/or written reports if necessary.

Any subsequent anomaly (e.g., an explosion) after the launch will have no bearing on the outcome. Any name change of the Starship with another vehicle will have no bearing on the outcome of the market.

March 31

SpaceX Starship Flight Test 12

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 according to the number of SpaceX launches between January 1, 2026, 12:00AM ET and December 31, 2026, 11:59PM ET.

If the reported total number of SpaceX launches falls exactly between two brackets, then this market will resolve to the higher range bracket.

The resolution source for this market will be https://www.spacex.com/launches.

Will SpaceX have 200 or more launches in 2026?

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 $STAR?

This market will resolve according to the number of SpaceX launches between January 1, 2026, 12:00AM ET and January 31, 2026, 11:59PM ET.

If the reported total number of SpaceX launches falls exactly between two brackets, then this market will resolve to the higher range bracket.

The resolution source for this market will be https://www.spacex.com/launches.

Will SpaceX have 12 or more launches in January?

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.

Will Morgan Stanley or any of its underwriting affiliates serve as the lead underwriter in SpaceX’s initial public offering?

If the Doge-1 12U Lunar Cube satellite successfully launches from its launch pad by December 31, 2026, 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 SpaceX (https://www.youtube.com/c/SpaceX), as well as secondary video feeds and/or written reports if necessary.

Any subsequent anomaly (e.g., an explosion) after the launch will have no bearing on the outcome. Any name change of the satellite with another vehicle will have no bearing on the outcome of the market.

Will the Doge-1 Lunar Mission launch before 2027?

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 based on SpaceX's market capitalization at the closing price on its first day of trading.

If no SpaceX 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 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 for purposes of this market.

Will SpaceX's market cap be greater than $1T at market close on IPO day?

This market will resolve to "Yes" if New Glenn Flight 3 (NG-3) successfully launches from its launch pad by the specified date, 11:59PM ET.

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

Any subsequent anomaly (e.g., an explosion) after the launch will have no bearing on the outcome. Any name change of New Glenn with another vehicle will have no bearing on the outcome of the market.

Will New Glenn Flight 3 launch by January 31, 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 Tesla publicly releases an unsupervised Full Self-Driving capability that satisfies all of the following criteria by June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No.”

1. Tesla (or Elon Musk) must label the feature “Full Self-Driving” or use an equivalent name indicating no requirement for human intervention.

2. The system must operate on public roads without a human driver present or required to oversee its performance. In practice, this means either:
- The vehicle runs with no one in the driver’s seat, or
- The vehicle operates in a mode where no occupant is expected to monitor or intervene.

3. Tesla or any Tesla-affiliated entity must make the unsupervised Full Self-Driving capability broadly accessible either through a robo-taxi or ride-hailing service open to the public, or inclusion as a standard or optional feature on newly sold Tesla vehicles, or a software update that enables unsupervised operation in current vehicles.

Any mode that requires a licensed driver to be seated in the vehicle, or for a human (on-site or remote) to continuously supervise the driving performance or remain ready to intervene at any moment, will not qualify. However, remote monitoring that does not involve continuous supervision or expectation of real-time intervention—for example, oversight limited to emergency response—will not disqualify the service.

This market’s resolution source will be a consensus of credible reporting.

Tesla launches unsupervised full self driving (FSD) by June 30?

This market will resolve to “Yes” if all of the following conditions are met by January 31, 2026, 11:59 PM ET:

- Any model owned by Google has the highest arena score based on the Chatbot Arena LLM Leaderboard on January 31, 2026, 12:00 PM ET.
- Google Gemini 3 scores at least 40% on Humanity’s Last Exam
- Gemini 3 scores at least 40% on FrontierMath Benchmark

Otherwise, this market will resolve to “No”.

This market will remain open until it is confirmed that at least one of the above conditions has not been met, or until all of the above conditions have been met.

The full rules for this market can be found here:
https://polymarket-upload.s3.us-east-2.amazonaws.com/Google+Gemini+Parlay.pdf

Google Gemini Parlay

This market will resolve to “Yes” if the U.S. District Court in the Northern District of California sides with Elon Musk in Elon Musk v. Sam Altman et al by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

If the case reaches a determination without settlement, the court will be considered to side with Musk based on the following criteria (in order of priority):

1. If Elon Musk receives a larger net monetary award than Altman et al (after offsetting any awards against the parties), the court will have sided with Musk. Compensatory damages, punitive damages, restitution, and statutory damages are included in monetary awards. Monetary awards do not include Attorney’s fees or other costs which are excluded from the monetary recovery calculation.

2. If there is no net monetary advantage for either party, the court will have sided with Musk if Musk prevails on claims seeking the largest amount of relief, in dollars, in the original pleadings of the case, as compared to Altman et al. If the relevant relief amounts are equivalent or can’t be determined, the court will have sided with Musk if Musk prevails on a greater number of primary causes of action than Altman et al. Procedural claims, discovery sanctions, and attorney's fee requests will not be considered primary causes of action.

3. If the case terminates without substantive judgment, the court will have sided with Musk if Altman et al voluntarily dismiss all claims against Elon Musk with prejudice. All other scenarios of termination without substantive judgment, including if there are no claims against Musk, will result in the court not siding with either party and will resolve this market to “No”.

If Elon Musk and Altman et al settle this case with a disclosed net payment to Elon Musk, the court will have sided with Musk. If Elon Musk and Altman et al settle this case with a disclosed net payment to Altman et al, this market will resolve to “No”. If Elon Musk and Altman et al settle this case with mutual releases and no disclosed payment direction, or if settlement terms are sealed and a consensus of credible reporting does not indicate payment direction within 7 days of the settlement announcement, the court will not have sided with either party and this market will resolve to “No”.

Additional notes:

If the court issues a default judgment in favor of Elon Musk, this market will use the listed criteria above for resolution. If the court issues a default judgment against Elon Musk, this market will resolve to “No”.

If the court issues a full summary judgment in favor of Elon Musk, the court will have sided with Musk.

A partial summary judgment will apply to resolved claims only, and remaining claims will proceed under the above listed resolution criteria.

A summary judgment on liability only will not constitute a court siding with either party until the damages are determined.

Mistrials with prejudice will be considered to be case termination and will be evaluated according to criteria 3 above.

Mistrials without prejudice, hung juries, or mistrials due to procedural errors will not constitute the court siding with either party. If retrial is ordered and occurs before December 31, 2026, 11:59 PM ET, resolution of this market will be based on the result of that retrial.

Any sua sponte judicial dismissal will be treated according to whether the dismissal is with or without prejudice. If unspecified, it will be treated as without prejudice.

This market applies only to trial-level case resolutions and does not include any appeals.

Only claims directly involving Elon Musk will be considered; third-party claims, interpleader actions, and claims between other parties will not be considered.

Procedural victories will not be considered as part of the court’s decision unless accompanied by substantive relief on the merits of the case.

Injunctive relief will only count as the court’s decision if it provides the primary relief sought in the original pleadings.

Case consolidation with other proceedings will not affect this market’s outcome unless the consolidated outcome directly resolves the dispute between Elon Musk and Altman et al.

If there are multiple defendants, the court must side with Elon Musk relative to the combination of all opposing parties. Joint and several liability awards will be attributed to Elon Musk based on Musk’s individual liability percentage. Cross-claims between co-defendants will not affect the court’s decision relative to Elon Musk.

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

Will Elon Musk win his case against Sam Altman?

This market will resolve to "Yes" if the Kharg Island oil terminal is the subject of a kinetic strike between market creation and January 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

Missile/drone strikes which are shot down or don't hit the terminal will not be considered for this market.

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


Will the Kharg Island oil terminal be hit by January 31?

This market will resolve to "Yes" if any human-crewed mission lands on the moon between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

A touchdown of the spacecraft with humans aboard will be sufficient to resolve this market to "Yes", regardless of technical complications.

The resolution source will be a consensus of credible reporting.

Human moon landing in 2026?

On January 12, Elon Musk announced he would be filing for full custody of the child he shares with Ashley St. Clair. (see: https://www.eonline.com/news/1427282/elon-musk-filing-for-full-custody-of-son-with-ashley-st-clair)

This market will resolve to "Yes" if Elon Musk is awarded sole legal custody, or primary residential/physical custody of his son Romulus in the form of a final order by any U.S. court by December 31, 2026, 11:59PM ET. Otherwise, this market will resolve to "No".

Temporary custody orders or interim arrangements will not qualify this market towards a "Yes" resolution unless they become final orders by the stated market deadline.

This market will resolve immediately to "No" if all relevant court proceedings permanently cease, or are dropped by either party.

This market will resolve based on announcements from Elon Musk, Ashley St. Clair, their official legal or social media representatives, or a consensus of credible reporting.

Will Elon Musk get full custody of the St. Clair child?

This market will resolve to "Yes" if the Humanity’s Last Exam leaderboard lists any Google Gemini 3 model with a score of at least the specified score by the specified January 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

The resolution source will be the official Humanity’s Last Exam leaderboard https://scale.com/leaderboard/humanitys_last_exam.

SpaceX Starship Flight Test 12

January 31
$167,601 Vol.
1%

February 28
$1,421 Vol.
16%

March 31
$0 Vol.
65%

Chopsticks catch Super Heavy booster?
$9,892 Vol.
19%

Super Heavy booster explodes?
$38,687 Vol.
64%

Successful splash down?
$16,982 Vol.
63%

Market Context

SpaceX Starship Flight Test 12

Rules

SpaceX Starship Flight Test 12

Market Context

SpaceX Starship Flight Test 12

About

Related

SpaceX Starship Flight Test 12

January 31$167,601 Vol.1%buy Yes1.4¢buy No98.7¢

February 28$1,421 Vol.16%buy Yes21¢buy No88¢

March 31$0 Vol.65%buy Yes79¢buy No50¢

Chopsticks catch Super Heavy booster?$9,892 Vol.19%buy Yes20¢buy No83¢

Super Heavy booster explodes?$38,687 Vol.64%buy Yes65¢buy No38¢

Successful splash down?$16,982 Vol.63%buy Yes69¢buy No43¢

Market Context

SpaceX Starship Flight Test 12

Rules

SpaceX Starship Flight Test 12

Market Context

SpaceX Starship Flight Test 12

About

Related

January 31
$167,601 Vol.
1%

February 28
$1,421 Vol.
16%

March 31
$0 Vol.
65%

Chopsticks catch Super Heavy booster?
$9,892 Vol.
19%

Super Heavy booster explodes?
$38,687 Vol.
64%

Successful splash down?
$16,982 Vol.
63%