Will Discord’s market cap be between $20B and $25B at market close on IPO day?

Market strongly favors Discord's market cap not reaching $20B-$25B on IPO day.

The prediction market shows a high probability (99.65%) that Discord's market cap will not fall between $20B and $25B at market close on IPO day. This aligns with the Pulse AI probability, which also indicates a low likelihood of the cap reaching this range. The market appears fairly priced with a confidence level of 60 out of 100.

• 1 Current sentiment heavily favors a NO outcome.
• 2 Historical performance of tech IPOs may impact expectations.
• 3 Market liquidity appears stable with low volatility.
• 4 Time to expiry is significant, allowing for potential market shifts.
• 5 Investor confidence is moderate, reflected in the 60/100 rating.

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

If no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO by June 30, 2026".

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 Discord’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