TOTAL VOLUME:

$116.7b

24H VOL:

$107,266,600

24H TRANSACTIONS:

1,362,287,844

OPEN INTEREST:

$1,176,258,675

332,550

Markets across

33,140

events

MATCHED EVENTS:

4,150

PLATFORM COVERAGE:

5

Polymarket:

42%

VS.

Kalshi:

58%

Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
MUI X License key version mismatch
Total markets: 7

Intro

This market on Polymarket tracks whether Anthropic will complete an initial public offering and, if so, what its market capitalization will be at the closing price on its first trading day. The leading outcome—that Anthropic will not IPO by June 30, 2026—currently stands at 99.9%, while the probability that Anthropic's market cap reaches $600 billion or greater at IPO close is 0.1%. Resolution will be determined by the primary exchange's official listing page or another reliable source if that figure is unavailable. Watch for any official announcements or SEC filings regarding Anthropic's IPO timeline, as the resolution deadline of June 30, 2026 at 11:59 PM ET marks the final window for an IPO to occur under this market's terms.

Polymarket

This market will resolve based on Anthropic's market capitalization at the closing price on its first day of trading. If no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO by June 30, 2026". 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 Anthropic’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.

Frequently asked questions

Prediction market odds on Polymarket reflect real-money trader consensus on Anthropic's IPO valuation, which often diverges from traditional analyst price targets. While Wall Street analysts typically issue forward valuations based on comparable company multiples and DCF models, prediction markets incorporate live information, insider sentiment, and market microstructure. The Polymarket odds represent aggregated belief across thousands of traders with financial incentive to forecast accurately. Comparing these odds to published analyst estimates reveals whether the market is pricing in more optimism or caution than the consensus view, offering a complementary perspective on Anthropic's likely IPO closing valuation.

The market resolves on Jun 30, 2026, marking the scheduled end date for this prediction event. Resolution is determined by Anthropic's official closing market capitalization on its IPO day. The outcome depends on whether the company's market cap at market close meets or exceeds the specified threshold embedded in the contract. Official IPO closing data from financial exchanges and regulatory filings will serve as the authoritative source. Until that date, traders can continue to adjust positions based on pre-IPO developments, market sentiment, and emerging information about Anthropic's valuation.

Several catalysts could shift odds for Anthropic's IPO closing market cap. Major AI breakthroughs or product announcements from Anthropic would signal stronger competitive positioning and justify higher valuations. Broader market conditions—including tech sector sentiment, interest rate changes, and IPO market appetite—directly influence investor demand and pricing multiples. Regulatory developments affecting AI companies could create upside or downside pressure. Competitor IPO valuations and comparable company multiples provide benchmarks that traders monitor. Pre-IPO funding rounds, executive departures, or partnership announcements may alter perceived growth prospects. Macroeconomic shifts and venture capital sentiment toward AI startups also influence the probability that Anthropic achieves specific market cap thresholds at IPO close.