- Will OpenAI raise less than $30B in its IPO?39¢39%
- Will OpenAI raise between $30B and $40B in its IPO?2¢2%
- Will OpenAI raise between $40B and $50B in its IPO?7¢7%
- Will OpenAI raise between $50B and $60B in its IPO?4¢4%
- Will OpenAI raise between $60B and $70B in its IPO?5¢5%
- Will OpenAI raise between $70B and $80B in its IPO?6¢6%
- Will OpenAI raise between $80B and $90B in its IPO?12¢12%
- Will OpenAI raise between $90B and $100B in its IPO?37¢37%
- Will OpenAI raise at least $100B in its IPO?27¢27%
OpenAI’s decision to defer its IPO until 2027 in favor of a bridge private round targeting at least $30 billion at a roughly $1.4 trillion pre-money valuation has shaped trader expectations for the eventual public raise. The company’s annualized revenue run rate near $50 billion—supported by rapid enterprise growth—underpins market-implied odds favoring a substantial IPO in the $90–100 billion range, consistent with its March 2026 $122 billion private round at an $852 billion valuation. Heightened AI safety considerations cited by CEO Sam Altman and the need for additional infrastructure capital continue to influence positioning, while upcoming 2027 milestones and any revisions to revenue trajectories remain key swing factors for resolution probabilities.
Rules
This market will resolve according to the total gross proceeds raised by OpenAI in its initial public offering (IPO) at the time of pricing. The amount raised is defined as the aggregate dollar value of shares sold at the final offering price at the time of IPO pricing, as disclosed in the final prospectus filed with the U.S. Securities and Exchange Commission. Shares sold pursuant to any overallotment option (greenshoe) will not be considered. Secondary sales of existing shares by current shareholders will be included only to the extent that they are part of the IPO offering at pricing and reflected in the total gross proceeds. Private secondary transactions conducted outside of the IPO will not be considered. If the total proceeds fall exactly on a boundary between two ranges, this market will resolve to the higher range. If OpenAI does not complete an IPO by December 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket. The primary resolution source will be the final prospectus filed with the SEC; however, a consensus of credible reporting may also be used.