**Databricks' CEO Ali Ghodsi stated in early June 2026 that the company will not pursue an IPO this year amid a crowded slate of large technology offerings, explicitly calling the timing unfavorable despite long-term plans to go public.** No public S-1 registration has been filed with the SEC as of mid-June, and the company completed its most recent major private funding round at a $134 billion valuation in late 2025 without advancing toward a listing. With only days remaining until the June 30, 2026, market resolution date, these factors produce overwhelming trader consensus around no IPO. The slim probabilities assigned to specific market-cap bands reflect the absence of any credible near-term catalyst, such as a surprise filing or accelerated regulatory timeline, that could realistically enable a debut within the window.