OpenAI IPO closing market cap above $1.2T?

1. 1

   Up 6pp over 24h

   Now 60¢; +1.0pp in the last hour.

2. 2

   Resolution-risk signal firing

   Expires in 14745h with open resolution ambiguity.

3. 3

   Wide spread — 7.0¢

   Bid-ask spread is wide enough that intraday moves overstate any tradeable edge. Most of the headline pp move would be eaten by spread on a market order.

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This market will resolve to “Yes” if the official closing price for OpenAI's market capitalization on its first trading day is above the listed value. Otherwise, it will resolve to “No”. If no IPO occurs by December 31, 2027, 11:59 PM ET, this market will resolve to “No”. Market capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day. 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 OpenAI'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.