Discord’s confidential January 2026 SEC filing and engagement of Goldman Sachs and JPMorgan as underwriters have not yet produced a public S-1, shifting the base case for an IPO into 2027 after the missed first-half 2026 window. Secondary-market indications from Forge Global have stabilized near $8.5–9 billion as of early September 2026, well below the 2021 $15 billion peak, reflecting compressed multiples for consumer platforms versus AI-driven listings. With roughly 200 million monthly active users and estimated annualized revenue in the $600–900 million range, the market-implied odds show a tight contest among the 11–14 billion, no-IPO-by-end-2027, and 8–11 billion brackets. Key upcoming catalysts include any public filing, roadshow timing, and broader equity-market appetite for growth names that could influence final pricing.
Eksperimental na AI-generated summary na nire-reference ang Polymarket data. Hindi ito trading advice at wala itong papel sa kung paano nire-resolve ang market na ito. · Na-updateDiscord IPO Closing Market Cap
11–14B 23.8%
No IPO by December 31, 2027 22.3%
8–11B 15%
14–17B 11.3%
$52,813 Vol.
$52,813 Vol.
<5B
6%
5–8B
5%
8–11B
15%
11–14B
24%
14–17B
11%
17–20B
5%
20B+
6%
No IPO by December 31, 2027
22%
11–14B 23.8%
No IPO by December 31, 2027 22.3%
8–11B 15%
14–17B 11.3%
$52,813 Vol.
$52,813 Vol.
<5B
6%
5–8B
5%
8–11B
15%
11–14B
24%
14–17B
11%
17–20B
5%
20B+
6%
No IPO by December 31, 2027
22%
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.
Binuksan ang Market: 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 confidential January 2026 SEC filing and engagement of Goldman Sachs and JPMorgan as underwriters have not yet produced a public S-1, shifting the base case for an IPO into 2027 after the missed first-half 2026 window. Secondary-market indications from Forge Global have stabilized near $8.5–9 billion as of early September 2026, well below the 2021 $15 billion peak, reflecting compressed multiples for consumer platforms versus AI-driven listings. With roughly 200 million monthly active users and estimated annualized revenue in the $600–900 million range, the market-implied odds show a tight contest among the 11–14 billion, no-IPO-by-end-2027, and 8–11 billion brackets. Key upcoming catalysts include any public filing, roadshow timing, and broader equity-market appetite for growth names that could influence final pricing.
Eksperimental na AI-generated summary na nire-reference ang Polymarket data. Hindi ito trading advice at wala itong papel sa kung paano nire-resolve ang market na ito. · Na-update



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