TOTAL VOLUME:
$114.4b
24H VOL:
$91,248,924
24H TRANSACTIONS:
1,362,287,844
OPEN INTEREST:
$1,163,520,955
334,440
Markets across
33,346
events
MATCHED EVENTS:
4,559
PLATFORM COVERAGE:
5
Polymarket:
42%
VS.
Kalshi:
58%
↑$1.0T
- Polymarket
↑$1.0T - Polymarket
1W
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Vol.
·
Resolves Jan 1, 2027
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This market tracks whether OpenAI's private market valuation will reach $900 billion or higher at any point through the end of 2026. On Polymarket, the probability of this outcome reaching that threshold stands at 73.5%. Resolution will be determined by the NPM Price reported by Nasdaq Private Market, LLC, with valuations measured across any trading day from market creation through December 31, 2026. Watch for NPM's daily valuation updates, published at 1:00 PM ET each trading day, with final resolution data due by January 4, 2027.
This market will resolve to "Yes" if OpenAI's private market valuation, as measured by the NPM Price reported by Nasdaq Private Market, LLC (NPM) for any date between market creation and December 31, 2026, reaches or exceeds the listed amount. Otherwise, this market will resolve to "No". NPM Prices are published for trading days only and are updated once daily at 1:00 PM ET on the following calendar day. If NPM has not published relevant data for all business dates in the specified period by 1:00 PM ET on January 1, 2027, this market may remain open until 11:59 PM ET on January 4, 2027. If no further data is released by that time, the market will resolve according to the data available. If NPM ceases publishing relevant data prior to the end of the specified period, this market will resolve based on the NPM data published for the period prior to the cessation of coverage, as well as any applicable public market capitalization data following an IPO or direct listing. If the company completes an IPO or direct listing before the end of the specified period, this market will consider, in addition to the relevant NPM valuations published between market creation and the IPO or direct listing date, the valuation implied by the official IPO or direct listing price, and the company's public market capitalization between the IPO or direct listing date and the end of the specified period. Public market capitalization will be determined using the highest/lowest official regular-hours trading price published for the company's primary listed common equity on its primary exchange for any trading day during the specified period, multiplied by the company's total outstanding common shares at the relevant time. If the listed company merges with or acquires another entity and remains the parent company, no change to resolution methodology applies. If the listed company is acquired, merges into another entity and is no longer the surviving parent company, or otherwise ceases to exist as an independent entity prior to the end of the period, only NPM valuations and applicable public market capitalizations achieved prior to completion of the transaction will be considered for resolution. No transaction, acquisition, or merger consideration will be considered for resolution. The resolution source for this market is NPM data published here (https://fe.secondmarket.com/companies/company-30839e0b-2730-4495-839f-1bf638fa9cca/data?return_url=https://polymarket.com/finance/privates). The resolution source for any period following an IPO, direct listing, or relevant corporate action, will be official exchange trading data and publicly reported share counts. Revisions to previously published NPM data made after their initial release will not be considered, unless made to correct clearly erroneous data.
Prediction market odds reflect real-time consensus from active traders betting capital on OpenAI's valuation trajectory, whereas traditional analyst forecasts rely on periodic research reports and valuation models. Markets often incorporate forward-looking signals faster than published analyst updates, particularly around funding rounds, partnership announcements, or competitive developments. However, analyst reports provide detailed reasoning and scenario analysis that pure odds cannot convey. Comparing the two reveals whether the market is pricing in more optimism or caution than expert consensus on OpenAI reaching key valuation milestones by Jan 1, 2027.
On Polymarket, OpenAI valuation outcomes are priced as binary contracts where traders buy or sell shares representing yes or no positions. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The top outcome currently reflects 65.0% implied probability, with $2,925 in recent trading activity. Prices adjust continuously as new information emerges about OpenAI's business performance, fundraising, and competitive positioning. Traders profit by correctly predicting whether the company's valuation crosses specified thresholds before Jan 1, 2027, with payouts determined by final market resolution.
The market resolves on Jan 1, 2027, at which point the outcome is determined by OpenAI's official valuation as of that date. Resolution depends on verified valuation data from credible sources such as funding announcements, secondary market transactions, or official company statements. The specific valuation threshold being tested varies by contract outcome, with each representing a different milestone. Traders should monitor for official announcements and regulatory filings that establish OpenAI's valuation status at the resolution deadline.
Major catalysts include new funding rounds or Series investments that establish fresh valuation benchmarks, product launches or revenue milestones that affect growth perception, regulatory developments affecting AI companies, competitive breakthroughs or losses in the AI sector, and macroeconomic shifts influencing venture capital availability. Strategic partnerships, enterprise adoption announcements, and leadership changes can also significantly impact market sentiment. Additionally, broader tech sector valuations and investor appetite for AI exposure influence how traders price OpenAI's valuation trajectory toward Jan 1, 2027.