Will Anthropic's market cap be less than $1.25T at market close on IPO day?

This market will resolve based on Anthropic's market capitalization at the closing price on its first day of trading.

If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".

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 Anthropic’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.

Market open

—

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 Jan 1, 2028, 4:59 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".