Trader consensus on Polymarket assigns an 84.6% implied probability to SpaceX achieving a higher IPO market cap than OpenAI, driven by SpaceX's confidential S-1 filing in early April 2026 targeting a $1.75–2 trillion valuation—nearly double OpenAI's $852 billion post-money mark from its record $122 billion funding round closed March 31. SpaceX's advantages stem from robust revenue growth to $15.5 billion in 2025, fueled by Starlink's expanding satellite constellation exceeding 7,000 spacecraft in orbit and repeated Starship orbital test successes demonstrating reusable rocket scalability essential for NASA Artemis contracts and Mars ambitions. OpenAI's rapid sales surge to $13 billion reflects frontier AI model advancements like scaling laws in large language models, yet lags in proven monetization and faces regulatory scrutiny on compute infrastructure. Upcoming SpaceX June roadshow and OpenAI Q4 IPO filings could shift dynamics amid inherent uncertainties in public market multiples.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · ActualizadoSpaceX
SpaceX
This market will resolve to “OpenAI” if the official closing price for OpenAI’s market capitalization on its first trading day is above the official closing price for SpaceX’s market capitalization on its first trading day.
This market will resolve to the company that completes an Initial Public Offering (IPO) by December 31, 2027, 11:59 PM ET, if the other company does not complete an IPO within the market timeframe. This market will resolve to the IPOed company as soon as it becomes impossible for the other company to complete an IPO within the market timeframe, including due to acquisition, merger, or absorption by an entity that is already publicly traded.
This market will resolve 50-50 if:
- Neither IPO occurs by December 31, 2027, 11:59 PM ET.
- Both SpaceX and OpenAI complete an IPO within this market's timeframe, and their IPO closing market capitalizations are exactly equal.
- Both companies become unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.
Market capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.
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 the respective companies’ 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.
Mercado abierto: Jan 30, 2026, 6:12 PM ET
Resolver
0x65070BE91...This market will resolve to “OpenAI” if the official closing price for OpenAI’s market capitalization on its first trading day is above the official closing price for SpaceX’s market capitalization on its first trading day.
This market will resolve to the company that completes an Initial Public Offering (IPO) by December 31, 2027, 11:59 PM ET, if the other company does not complete an IPO within the market timeframe. This market will resolve to the IPOed company as soon as it becomes impossible for the other company to complete an IPO within the market timeframe, including due to acquisition, merger, or absorption by an entity that is already publicly traded.
This market will resolve 50-50 if:
- Neither IPO occurs by December 31, 2027, 11:59 PM ET.
- Both SpaceX and OpenAI complete an IPO within this market's timeframe, and their IPO closing market capitalizations are exactly equal.
- Both companies become unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.
Market capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.
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 the respective companies’ 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.
Resolver
0x65070BE91...Trader consensus on Polymarket assigns an 84.6% implied probability to SpaceX achieving a higher IPO market cap than OpenAI, driven by SpaceX's confidential S-1 filing in early April 2026 targeting a $1.75–2 trillion valuation—nearly double OpenAI's $852 billion post-money mark from its record $122 billion funding round closed March 31. SpaceX's advantages stem from robust revenue growth to $15.5 billion in 2025, fueled by Starlink's expanding satellite constellation exceeding 7,000 spacecraft in orbit and repeated Starship orbital test successes demonstrating reusable rocket scalability essential for NASA Artemis contracts and Mars ambitions. OpenAI's rapid sales surge to $13 billion reflects frontier AI model advancements like scaling laws in large language models, yet lags in proven monetization and faces regulatory scrutiny on compute infrastructure. Upcoming SpaceX June roadshow and OpenAI Q4 IPO filings could shift dynamics amid inherent uncertainties in public market multiples.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · Actualizado
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