Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
94% | 6% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | View on Polymarket → |
Polymarket (direct) polymarket.com |
94% | 6% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | View on Polymarket → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | View on Polymarket → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | View on Polymarket → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | View on Polymarket → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| $2.0T-$2.5T | 94% |
| $1.5T-$2.0T | 4% |
| $1.0T-$1.5T | 1% |
| $3.0T-$3.5T | 0% |
| $3.5T+ | 0% |
| <$1.0T | 0% |
| $2.5T-$3.0T | 0% |
| No IPO before 2028 | 0% |
Market context
SpaceX is set to launch its Initial Public Offering on Nasdaq, with an anticipated pricing of $135 per share that would establish a market capitalisation of roughly $1.77 trillion. The prediction market in question resolves based on whether SpaceX’s closing market cap on the final trading day of its IPO month exceeds a specific threshold, though current crowd-implied probability for a “YES” outcome sits at just 1%, suggesting traders expect the valuation to fall short of that target despite the hype.
Historically, mega-IPOs in the tech and aerospace sectors have often seen initial euphoria followed by rapid consolidation; for instance, early trading days for companies like Tesla and Blue Origin showed volatile swings before settling into more grounded valuations. In SpaceX’s case, while Polymarket traders assign an 84% probability to the stock closing above $1.8 trillion and a 69% chance it exceeds $2 trillion on day one, analyst consensus from Morningstar values the firm at only $780 billion, highlighting a stark divergence between speculative optimism and fundamental assessment. This gap mirrors patterns seen in prior high-profile IPOs where market sentiment outpaced intrinsic value in the short term.
Traders should monitor key catalysts including the official opening price, pre-market trading volume, and any regulatory updates affecting SpaceX’s inclusion in the Nasdaq 100 Index, which is expected within 15 trading days post-IPO. Recent reports from CNBC note that pre-IPO perpetual futures on Hyperliquid suggest a potential 20% surge on the first trading session, while TradingKey data indicates an 83% probability of the stock opening between $150 and $200. However, with valuation lock-ups and early excitement potentially waning by July and August, momentum may only pick up again by September 2026, as projected by CoinCodex. The settlement window ends 1 July 2026, meaning the final closing price of June will determine the outcome.
Methodology
This page reviews SpaceX Closing Market Cap End of IPO Month across five venues. The live probability is the Polymarket mid-price, sourced directly from the on-chain Polygon order book; the comparison columns benchmark each venue on fee structure, KYC, settlement currency and payment rails. Every CTA routes to PolyGram, which mirrors the Polymarket order book at 0% fees.
Resolution & payout
Settlement runs on-chain. Polymarket's contract logic separates YES and NO shares as conditional tokens; at resolution the winning share lifts to $1.00 and the losing one to $0. The outcome input comes from the UMA Optimistic Oracle, which secures against bad resolution with a bond + dispute window.
Once finalised, the smart contract pays USDC to the holders' wallets within minutes — no withdrawal fees beyond Polygon network gas. Kalshi settles in USD via CFTC clearance, Betfair in account currency net of commission, Manifold in play-money mana with no cash-out.
FAQ
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is PolyGram. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- Is this market available outside the US?
- Polymarket itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
- How fast are USDC deposits?
- Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like PolyGram trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
- How reliable are the quoted odds?
- The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
Trade SpaceX Closing Market Cap End of IPO Month on PolyGram
Live order book, 0% fees, USDC settlement in seconds.
Open live market →