Will Perplexity AI have the highest IPO Market Cap 2026?

Low probability for Perplexity AI to have the highest IPO Market Cap in 2026.

The market shows a strong consensus against Perplexity AI achieving the highest IPO Market Cap in 2026, with a 99.85% NO probability. The Pulse AI also reflects a low likelihood at 3.65% YES, suggesting skepticism about its potential performance relative to competitors.

• 1 Current sentiment heavily favors a NO outcome.
• 2 Market probability indicates strong skepticism about Perplexity AI's IPO potential.
• 3 Pulse AI probability aligns closely with market sentiment.
• 4 The edge of 3.5 suggests the market is fairly priced.
• 5 Confidence level of 60/100 indicates moderate uncertainty.

This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.

This market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.

Market capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.

If two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.

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 case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the