Perplexity CEO Aravind Srinivas has repeatedly confirmed a 2028 IPO target, most recently in June 2026, stating the timeline holds independent of OpenAI and Anthropic filings. This explicit stance, combined with the company's strategy to extend its private runway and observe peer listings like SpaceX, underpins trader consensus favoring no IPO before 2028 at 59.5% implied probability. Revenue growth to roughly $750 million annualized by late summer 2026 and a last confirmed $20 billion valuation—with Nvidia reportedly eyeing a round above $30 billion—support measured expectations for any eventual market cap. Key near-term catalysts include the status of that potential funding and execution on AI agent products, though the deliberate 2028 horizon continues to anchor sentiment.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedPerplexity IPO Closing Market Cap
Perplexity IPO Closing Market Cap
No IPO before 2028 60%
<20B 8.0%
50B–75B 7.4%
75B–100B 6.8%
$147,678 Vol.
$147,678 Vol.
Dec 31, 2027
<20B
8%
20B–30B
5%
30B–40B
5%
40B–50B
3%
50B–75B
7%
75B–100B
7%
100B+
5%
No IPO before 2028
60%
No IPO before 2028 60%
<20B 8.0%
50B–75B 7.4%
75B–100B 6.8%
$147,678 Vol.
$147,678 Vol.
Dec 31, 2027
<20B
$4,911 Vol.
8%
20B–30B
$7,923 Vol.
5%
30B–40B
$4,891 Vol.
5%
40B–50B
$4,626 Vol.
3%
50B–75B
$6,924 Vol.
7%
75B–100B
$3,887 Vol.
7%
100B+
$5,438 Vol.
5%
No IPO before 2028
$109,078 Vol.
60%
This market will resolve based on Perplexity's market capitalization at the closing price on its first day of trading.
If no Perplexity 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 Perplexity’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.Perplexity CEO Aravind Srinivas has repeatedly confirmed a 2028 IPO target, most recently in June 2026, stating the timeline holds independent of OpenAI and Anthropic filings. This explicit stance, combined with the company's strategy to extend its private runway and observe peer listings like SpaceX, underpins trader consensus favoring no IPO before 2028 at 59.5% implied probability. Revenue growth to roughly $750 million annualized by late summer 2026 and a last confirmed $20 billion valuation—with Nvidia reportedly eyeing a round above $30 billion—support measured expectations for any eventual market cap. Key near-term catalysts include the status of that potential funding and execution on AI agent products, though the deliberate 2028 horizon continues to anchor sentiment.
This market will resolve based on Perplexity's market capitalization at the closing price on its first day of trading.
If no Perplexity 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 Perplexity’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.
If no Perplexity 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 Perplexity’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.
Market Opened: Jan 5, 2026, 6:06 PM ET
Volume
$147,678End Date
Jan 1, 2028Market Opened
Jan 5, 2026, 6:06 PM ETResolver
0x2F5e3684c...This market will resolve based on Perplexity's market capitalization at the closing price on its first day of trading.
If no Perplexity 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 Perplexity’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.Perplexity CEO Aravind Srinivas has repeatedly confirmed a 2028 IPO target, most recently in June 2026, stating the timeline holds independent of OpenAI and Anthropic filings. This explicit stance, combined with the company's strategy to extend its private runway and observe peer listings like SpaceX, underpins trader consensus favoring no IPO before 2028 at 59.5% implied probability. Revenue growth to roughly $750 million annualized by late summer 2026 and a last confirmed $20 billion valuation—with Nvidia reportedly eyeing a round above $30 billion—support measured expectations for any eventual market cap. Key near-term catalysts include the status of that potential funding and execution on AI agent products, though the deliberate 2028 horizon continues to anchor sentiment.
This market will resolve based on Perplexity's market capitalization at the closing price on its first day of trading.
If no Perplexity 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 Perplexity’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.
If no Perplexity 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 Perplexity’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.
Volume
$147,678End Date
Jan 1, 2028Market Opened
Jan 5, 2026, 6:06 PM ETResolver
0x2F5e3684c...Perplexity CEO Aravind Srinivas has repeatedly confirmed a 2028 IPO target, most recently in June 2026, stating the timeline holds independent of OpenAI and Anthropic filings. This explicit stance, combined with the company's strategy to extend its private runway and observe peer listings like SpaceX, underpins trader consensus favoring no IPO before 2028 at 59.5% implied probability. Revenue growth to roughly $750 million annualized by late summer 2026 and a last confirmed $20 billion valuation—with Nvidia reportedly eyeing a round above $30 billion—support measured expectations for any eventual market cap. Key near-term catalysts include the status of that potential funding and execution on AI agent products, though the deliberate 2028 horizon continues to anchor sentiment.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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