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Finance·IPO

What will OpenAI's IPO valuation be?

icon for What will OpenAI's IPO valuation be?
Finance·IPO

What will OpenAI's IPO valuation be?

$1.75T–$2.0T 22%

$1.5T–$1.75T 18.9%

$1.25T–$1.5T 17.1%

$2.5T+ 14.0%

Polymarket

$127,366 Vol.

$1.75T–$2.0T 22%

$1.5T–$1.75T 18.9%

$1.25T–$1.5T 17.1%

$2.5T+ 14.0%

Polymarket

$127,366 Vol.

<$1T

$16,664 Vol.

6%

$1.0T–$1.25T

$14,064 Vol.

10%

$1.25T–$1.5T

$7,448 Vol.

17%

$1.5T–$1.75T

$7,293 Vol.

19%

$1.75T–$2.0T

$13,600 Vol.

22%

$2.0T–$2.25T

$2,576 Vol.

5%

$2.25T–$2.5T

$7,973 Vol.

8%

$2.5T+

$57,748 Vol.

14%

This market will resolve according to the implied equity valuation of OpenAI at its initial public offering (IPO) price. The IPO valuation is defined as the final IPO price per share multiplied by the total number of shares outstanding on a fully diluted basis, as disclosed in the final prospectus filed with the U.S. Securities and Exchange Commission. The IPO price will be the final offering price to the public as stated in the final prospectus. Trading prices after listing, including the opening trade, intraday prices, or closing price on the first day of trading, will not be considered. Indicated or preliminary price ranges, including any ranges disclosed in earlier filings or amendments, will not be considered. If the calculated valuation falls exactly on a boundary between two ranges, this market will resolve to the higher range. If OpenAI does not complete an IPO by December 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket. The primary resolution source will be the final prospectus filed with the SEC; however, a consensus of credible reporting may also be used.OpenAI’s confidential June 2026 S-1 filing and subsequent shift toward a 2027 IPO—driven by CEO Sam Altman’s insistence on a $1 trillion-plus valuation—anchor current Polymarket pricing around the $1.25T–$2T brackets. The company’s most recent private mark stands at $852 billion following the March 2026 $122 billion round and an August tender that held the level flat, while annualized revenue has reached roughly $40 billion amid heavy infrastructure outlays. Traders appear to embed expectations of a meaningful public-market premium once the listing occurs, tempered by operating losses, competitive pressure from Anthropic, and caution after SpaceX’s post-IPO volatility. Key near-term catalysts include any revenue inflection or updated filing updates that could narrow the gap between private benchmarks and implied IPO pricing.

This market will resolve according to the implied equity valuation of OpenAI at its initial public offering (IPO) price.

The IPO valuation is defined as the final IPO price per share multiplied by the total number of shares outstanding on a fully diluted basis, as disclosed in the final prospectus filed with the U.S. Securities and Exchange Commission.

The IPO price will be the final offering price to the public as stated in the final prospectus. Trading prices after listing, including the opening trade, intraday prices, or closing price on the first day of trading, will not be considered.

Indicated or preliminary price ranges, including any ranges disclosed in earlier filings or amendments, will not be considered.

If the calculated valuation falls exactly on a boundary between two ranges, this market will resolve to the higher range.

If OpenAI does not complete an IPO by December 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket.

The primary resolution source will be the final prospectus filed with the SEC; however, a consensus of credible reporting may also be used.This market will resolve according to the implied equity valuation of OpenAI at its initial public offering (IPO) price. The IPO valuation is defined as the final IPO price per share multiplied by the total number of shares outstanding on a fully diluted basis, as disclosed in the final prospectus filed with the U.S. Securities and Exchange Commission. The IPO price will be the final offering price to the public as stated in the final prospectus. Trading prices after listing, including the opening trade, intraday prices, or closing price on the first day of trading, will not be considered. Indicated or preliminary price ranges, including any ranges disclosed in earlier filings or amendments, will not be considered. If the calculated valuation falls exactly on a boundary between two ranges, this market will resolve to the higher range. If OpenAI does not complete an IPO by December 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket. The primary resolution source will be the final prospectus filed with the SEC; however, a consensus of credible reporting may also be used.
Volume
$127,366
End Date
Jul 1, 2027
Market Opened
May 21, 2026, 1:27 PM ET

Resolver

0x69c47De9D...
This market will resolve according to the implied equity valuation of OpenAI at its initial public offering (IPO) price. The IPO valuation is defined as the final IPO price per share multiplied by the total number of shares outstanding on a fully diluted basis, as disclosed in the final prospectus filed with the U.S. Securities and Exchange Commission. The IPO price will be the final offering price to the public as stated in the final prospectus. Trading prices after listing, including the opening trade, intraday prices, or closing price on the first day of trading, will not be considered. Indicated or preliminary price ranges, including any ranges disclosed in earlier filings or amendments, will not be considered. If the calculated valuation falls exactly on a boundary between two ranges, this market will resolve to the higher range. If OpenAI does not complete an IPO by December 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket. The primary resolution source will be the final prospectus filed with the SEC; however, a consensus of credible reporting may also be used.OpenAI’s confidential June 2026 S-1 filing and subsequent shift toward a 2027 IPO—driven by CEO Sam Altman’s insistence on a $1 trillion-plus valuation—anchor current Polymarket pricing around the $1.25T–$2T brackets. The company’s most recent private mark stands at $852 billion following the March 2026 $122 billion round and an August tender that held the level flat, while annualized revenue has reached roughly $40 billion amid heavy infrastructure outlays. Traders appear to embed expectations of a meaningful public-market premium once the listing occurs, tempered by operating losses, competitive pressure from Anthropic, and caution after SpaceX’s post-IPO volatility. Key near-term catalysts include any revenue inflection or updated filing updates that could narrow the gap between private benchmarks and implied IPO pricing.

This market will resolve according to the implied equity valuation of OpenAI at its initial public offering (IPO) price.

The IPO valuation is defined as the final IPO price per share multiplied by the total number of shares outstanding on a fully diluted basis, as disclosed in the final prospectus filed with the U.S. Securities and Exchange Commission.

The IPO price will be the final offering price to the public as stated in the final prospectus. Trading prices after listing, including the opening trade, intraday prices, or closing price on the first day of trading, will not be considered.

Indicated or preliminary price ranges, including any ranges disclosed in earlier filings or amendments, will not be considered.

If the calculated valuation falls exactly on a boundary between two ranges, this market will resolve to the higher range.

If OpenAI does not complete an IPO by December 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket.

The primary resolution source will be the final prospectus filed with the SEC; however, a consensus of credible reporting may also be used.This market will resolve according to the implied equity valuation of OpenAI at its initial public offering (IPO) price. The IPO valuation is defined as the final IPO price per share multiplied by the total number of shares outstanding on a fully diluted basis, as disclosed in the final prospectus filed with the U.S. Securities and Exchange Commission. The IPO price will be the final offering price to the public as stated in the final prospectus. Trading prices after listing, including the opening trade, intraday prices, or closing price on the first day of trading, will not be considered. Indicated or preliminary price ranges, including any ranges disclosed in earlier filings or amendments, will not be considered. If the calculated valuation falls exactly on a boundary between two ranges, this market will resolve to the higher range. If OpenAI does not complete an IPO by December 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket. The primary resolution source will be the final prospectus filed with the SEC; however, a consensus of credible reporting may also be used.
Volume
$127,366
End Date
Jul 1, 2027
Market Opened
May 21, 2026, 1:27 PM ET

Resolver

0x69c47De9D...

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Frequently Asked Questions

"What will OpenAI's IPO valuation be?" is a prediction market on Polymarket with 8 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "$1.75T–$2.0T" at 22%, followed by "$1.5T–$1.75T" at 19%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 22¢ implies that the market collectively assigns a 22% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "What will OpenAI's IPO valuation be?" has generated $127.4K in total trading volume since the market launched on May 21, 2026. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "What will OpenAI's IPO valuation be?," browse the 8 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "What will OpenAI's IPO valuation be?" is "$1.75T–$2.0T" at 22%, meaning the market assigns a 22% chance to that outcome. The next closest outcome is "$1.5T–$1.75T" at 19%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "What will OpenAI's IPO valuation be?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.