Discord's secondary market pricing near $8.5 billion anchors trader sentiment for the IPO closing market cap, with the 8–11B bracket holding the highest implied probability at 24.5% amid closely contested outcomes. Revenue growth to roughly $600–900 million annually supports this range, yet compressed multiples from the 2021 $15 billion peak reflect tempered expectations for monetization via ads, Nitro subscriptions, and AI features despite 200 million-plus monthly active users. Competitive dynamics hinge on broader tech IPO windows, labor market stability, and sector benchmarks like Treasury yields, while delays beyond the confidential January 2026 filing introduce uncertainty around timelines and final valuation thresholds.
Ringkasan eksperimental yang dihasilkan AI dengan referensi data Polymarket. Ini bukan saran trading dan tidak berperan dalam bagaimana pasar ini diselesaikan. · Diperbarui8–11B 25%
<5B 17%
20B+ 15.6%
5–8B 12.6%
$25,361 Vol.
$25,361 Vol.
<5B
17%
5–8B
13%
8–11B
25%
11–14B
7%
14–17B
2%
17–20B
10%
20B+
16%
No IPO by December 31, 2027
9%
8–11B 25%
<5B 17%
20B+ 15.6%
5–8B 12.6%
$25,361 Vol.
$25,361 Vol.
<5B
17%
5–8B
13%
8–11B
25%
11–14B
7%
14–17B
2%
17–20B
10%
20B+
16%
No IPO by December 31, 2027
9%
If no such IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency.
It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’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 day as the first day of trading for the purposes of this market.
Pasar Dibuka: Jun 26, 2026, 5:50 PM ET
Resolver
0x69c47De9D...If no such IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency.
It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’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 day as the first day of trading for the purposes of this market.
Resolver
0x69c47De9D...Discord's secondary market pricing near $8.5 billion anchors trader sentiment for the IPO closing market cap, with the 8–11B bracket holding the highest implied probability at 24.5% amid closely contested outcomes. Revenue growth to roughly $600–900 million annually supports this range, yet compressed multiples from the 2021 $15 billion peak reflect tempered expectations for monetization via ads, Nitro subscriptions, and AI features despite 200 million-plus monthly active users. Competitive dynamics hinge on broader tech IPO windows, labor market stability, and sector benchmarks like Treasury yields, while delays beyond the confidential January 2026 filing introduce uncertainty around timelines and final valuation thresholds.
Ringkasan eksperimental yang dihasilkan AI dengan referensi data Polymarket. Ini bukan saran trading dan tidak berperan dalam bagaimana pasar ini diselesaikan. · Diperbarui


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