Stripe’s February 2026 tender offer at $159 billion, coupled with secondary-market indications near $200 billion and robust first-half 2026 revenue and free-cash-flow growth of 41% and 43%, anchors trader expectations for any 2027 IPO outcome. Founders Patrick and John Collison have repeatedly described a public listing as “a solution in search of a problem,” citing self-funding capacity, periodic tenders for liquidity, deliberate cap-table management, and the flexibility private ownership affords for acquisitions such as the completed OpenRouter deal and the rejected PayPal bid. With no S-1 filed and an explicit emphasis on remaining private amid AI and crypto platform expansion, market-implied odds show the “no IPO by December 31, 2027” outcome at 46.5% nearly tied with the $150–200 billion bucket at 41.5%, reflecting both the durability of current valuations and the narrow window for a listing before the resolution date.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$250B-$300B 70%
No IPO by December 31, 2027 47%
<$150B 42%
$350B-$400B 42%
NEW
NEW
Dec 31, 2027
<$150B
42%
$150B-$200B
38%
$200B-$250B
9%
$250B-$300B
70%
$300B-$350B
-
$350B-$400B
42%
$400B-$450B
41%
$450B-$500B
34%
$500B+
42%
No IPO by December 31, 2027
47%
$250B-$300B 70%
No IPO by December 31, 2027 47%
<$150B 42%
$350B-$400B 42%
NEW
NEW
Dec 31, 2027
<$150B
$50 Vol.
42%
$150B-$200B
$69 Vol.
38%
$200B-$250B
$70 Vol.
9%
$250B-$300B
$94 Vol.
70%
$300B-$350B
$94 Vol.
-
$350B-$400B
$81 Vol.
42%
$400B-$450B
$94 Vol.
41%
$450B-$500B
$73 Vol.
34%
$500B+
$47 Vol.
42%
No IPO by December 31, 2027
$63 Vol.
47%
This market will resolve based on Stripe's market capitalization at the closing price on its first day of trading.
If no such 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 total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’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 day as the first day of trading for the purposes of this market.Stripe’s February 2026 tender offer at $159 billion, coupled with secondary-market indications near $200 billion and robust first-half 2026 revenue and free-cash-flow growth of 41% and 43%, anchors trader expectations for any 2027 IPO outcome. Founders Patrick and John Collison have repeatedly described a public listing as “a solution in search of a problem,” citing self-funding capacity, periodic tenders for liquidity, deliberate cap-table management, and the flexibility private ownership affords for acquisitions such as the completed OpenRouter deal and the rejected PayPal bid. With no S-1 filed and an explicit emphasis on remaining private amid AI and crypto platform expansion, market-implied odds show the “no IPO by December 31, 2027” outcome at 46.5% nearly tied with the $150–200 billion bucket at 41.5%, reflecting both the durability of current valuations and the narrow window for a listing before the resolution date.
This market will resolve based on Stripe's market capitalization at the closing price on its first day of trading.
If no such 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 total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’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 day as the first day of trading for the purposes of this market.
If no such 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 total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’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 day as the first day of trading for the purposes of this market.
Market Opened: Jul 1, 2026, 4:03 PM ET
Volume
$735End Date
Dec 31, 2027Market Opened
Jul 1, 2026, 4:03 PM ETResolver
0x69c47De9D...This market will resolve based on Stripe's market capitalization at the closing price on its first day of trading.
If no such 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 total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’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 day as the first day of trading for the purposes of this market.Stripe’s February 2026 tender offer at $159 billion, coupled with secondary-market indications near $200 billion and robust first-half 2026 revenue and free-cash-flow growth of 41% and 43%, anchors trader expectations for any 2027 IPO outcome. Founders Patrick and John Collison have repeatedly described a public listing as “a solution in search of a problem,” citing self-funding capacity, periodic tenders for liquidity, deliberate cap-table management, and the flexibility private ownership affords for acquisitions such as the completed OpenRouter deal and the rejected PayPal bid. With no S-1 filed and an explicit emphasis on remaining private amid AI and crypto platform expansion, market-implied odds show the “no IPO by December 31, 2027” outcome at 46.5% nearly tied with the $150–200 billion bucket at 41.5%, reflecting both the durability of current valuations and the narrow window for a listing before the resolution date.
This market will resolve based on Stripe's market capitalization at the closing price on its first day of trading.
If no such 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 total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’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 day as the first day of trading for the purposes of this market.
If no such 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 total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’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 day as the first day of trading for the purposes of this market.
Volume
$735End Date
Dec 31, 2027Market Opened
Jul 1, 2026, 4:03 PM ETResolver
0x69c47De9D...Stripe’s February 2026 tender offer at $159 billion, coupled with secondary-market indications near $200 billion and robust first-half 2026 revenue and free-cash-flow growth of 41% and 43%, anchors trader expectations for any 2027 IPO outcome. Founders Patrick and John Collison have repeatedly described a public listing as “a solution in search of a problem,” citing self-funding capacity, periodic tenders for liquidity, deliberate cap-table management, and the flexibility private ownership affords for acquisitions such as the completed OpenRouter deal and the rejected PayPal bid. With no S-1 filed and an explicit emphasis on remaining private amid AI and crypto platform expansion, market-implied odds show the “no IPO by December 31, 2027” outcome at 46.5% nearly tied with the $150–200 billion bucket at 41.5%, reflecting both the durability of current valuations and the narrow window for a listing before the resolution date.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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Frequently Asked Questions