TOTAL VOLUME:
$134.1b
24H VOL:
$113,466,932
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,423,222,590
402,751
Markets across
30,217
events
MATCHED EVENTS:
2,632
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Dec 30, 7:00 PM EST
Polymarket
This market tracks whether SpaceX's market capitalization will exceed $1 trillion at the closing price on its first day of trading. On Polymarket, the leading outcome—market cap greater than $1T—stands at 99.2%, while the outcome for market cap between $800B and $900B is at 0.5%. Resolution will be determined by the official closing price on SpaceX's first trading day, based on the primary exchange's listing page or another reliable source if unavailable. Watch for the IPO announcement and first trading day before the December 31, 2027 deadline, as any IPO occurring after that date will result in a "No IPO before 2028" resolution.
This market will resolve based on SpaceX's market capitalization at the closing price on its first day of trading. If no SpaceX 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 SpaceX’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.
The market resolves on Dec 31, 2027, giving traders nearly three years to position ahead of SpaceX's potential public listing. Resolution hinges on the official closing market capitalization on the first day of trading, measured against the predefined strike price brackets. The lowest strikes represent valuations below certain thresholds, and the outcome is determined by where SpaceX's market cap settles relative to these predetermined levels at IPO close.
Key catalysts include SpaceX's Starship development milestones, Starlink revenue growth and profitability trajectory, regulatory approvals for space activities, and macroeconomic conditions affecting IPO appetite. Elon Musk's strategic announcements, competitive dynamics in commercial spaceflight, and broader tech sector valuations will influence trader expectations for SpaceX's IPO price. Major geopolitical events, changes in space policy, or shifts in venture capital sentiment toward late-stage private companies could also trigger significant repricing of the lowest strike outcomes.