Will Anthropic or OpenAI IPO first?

This market will resolve to "Anthropic" if Anthropic completes an Initial Public Offering (IPO) before OpenAI completes an IPO by December 31, 2027, 11:59 PM ET, as confirmed by official company announcements and credible news sources.

This market will resolve to "OpenAI" if OpenAI completes an Initial Public Offering (IPO) before Anthropic completes an IPO by December 31, 2027, 11:59 PM ET, as confirmed by official company announcements and credible news sources.

This market will resolve 50-50 if:

- Neither company completes an Initial Public Offering (IPO) by December 31, 2027, 11:59 PM ET;

- Both companies complete an IPO on the same calendar date (ET); or

- By December 31, 2027, 11:59 PM ET, both companies become unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.

The IPO refers to the first sale of stock by the listed company to the public on any recognized stock exchange.

The resolution source for this market is a consensus of credible reporting.

Market open

Jan 30, 2026, 10:45 PM

Market closes

After the outcome occurs

Projected payout

1 minute after closing

This market will close and expire after a winner is declared. Otherwise, it closes by Dec 31, 2027, 12:00 AM.

In this event, at most one market can resolve to "Yes". When buying or selling "No" across multiple markets, you may receive some funds back or be required to pay funds. This is called "collateral return".