TOTAL VOLUME:
$147.8b
24H VOL:
$153,964,051
24H TRANSACTIONS:
2,815,744,871
OPEN INTEREST:
$1,809,858,743
498,684
Markets across
37,244
events
MATCHED EVENTS:
2,831
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
No IPO before January 2027
- Polymarket
No IPO before January 2027 - Polymarket
1W
News
Positive
Negative
Neutral
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Vol.
·
Resolves Dec 31, 2026
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This market will resolve based on SB Energy's market capitalization at the closing price on its first day of trading. If no such IPO occurs by December 31, 2026, 11:59 PM ET, the market will resolve to "No IPO before January 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.
This market will resolve based on SB Energy's market capitalization at the closing price on its first day of trading. If no such IPO occurs by December 31, 2026, 11:59 PM ET, the market will resolve to "No IPO before January 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.
Currently, prediction market odds reflect a collective forecast of the SB Energy IPO’s closing market cap, derived from the wisdom of the crowd on Polymarket. These odds can be compared to traditional analyst forecasts, which often rely on financial modeling and expert opinion. Discrepancies between the two can highlight areas where the market anticipates different outcomes or assigns different probabilities to various scenarios. It's important to note that analyst forecasts can be subject to biases and may not always incorporate the full range of potential factors influencing the IPO’s performance.
On Polymarket, this market is priced through a continuous auction mechanism where traders buy and sell contracts representing different closing market cap outcomes for the SB Energy IPO. The price of each contract reflects the market’s implied probability of that outcome occurring. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The higher the demand for a particular outcome, the higher its price will climb, and vice versa. This dynamic pricing ensures that the market reflects the latest information and collective intelligence of its participants. Trading volume and open interest also influence price discovery in this market.
This market resolves around Jan 1, 2027, with the outcome confirmed once the actual closing market cap of the SB Energy IPO is verifiable from credible public reporting. The resolution will be based on the official closing price reported by the relevant exchange following the IPO. The market will then determine which outcome—representing a specific market cap range—most accurately reflects the final result. Traders holding contracts corresponding to the correct outcome will be paid out according to the market’s payout structure at the time of resolution.
Several factors could significantly impact this market before it resolves. Major news regarding the overall IPO market conditions, particularly for renewable energy companies, could shift sentiment. Unexpected changes in investor demand, influenced by macroeconomic factors like interest rate fluctuations or inflation reports, could also drive price movements. Furthermore, any significant announcements related to SB Energy’s financial performance, regulatory approvals, or competitive landscape could cause the market to re-evaluate its predictions. Positive or negative press coverage could also play a role in shaping market expectations.