#Polymarket每日热点 Predictions for IPOs before 2027: Major Tech Companies
1 High Certainty (Files Submitted or Clear Timeline)
Company
1 SpaceX
Status S-1 filed
Expected Time June 12, 2026
Valuation Expectation $1–1.75 trillion
2 Anthropic
Status Confidential IPO filing submitted
Expected Time 2026
Valuation Expectation $350 billion+
3 OpenAI
Status Planning IPO but may be delayed
Expected Time May be delayed until 2027
Valuation Expectation $1 trillion+
2 Moderate Certainty
Company
1 Discord
Status Market forecast
Expected Time 2026-2027
Valuation Expectation $15 billion (55% probability)
2 Stripe
Status Multiple delays, still planning to go public, expected time 2026-2027
Valuation Expectation $65 billion+
3 Databricks
Status Planning IPO
Expected Time 2026-2027
Valuation Expectation $43 billion+
3 Other Potential IPO Candidates Worth Watching
Cerebras Systems - Completed IPO in May 2026, raised $5.5 billion
Reddit - Already listed, but discussions are ongoing
Shein - Fast fashion e-commerce, planning IPO but facing regulatory challenges
Skims - Kim Kardashian’s brand, valued at about $4 billion
4 Key Analysis
SpaceX (Most Certain)
Has officially filed S-1, expected to go public on June 12
Annual revenue around $44 billion, expected to achieve operational profit in Q2 for the first time
Market forecasts show an 88-94% probability of IPO before 2027
Anthropic vs OpenAI
Anthropic is moving faster, has submitted confidential documents, expected to turn a profit in Q2.
OpenAI may be delayed until 2027 due to doubts about valuation framework and cash flow sustainability.
Discord
Market forecasts show a 55% probability of reaching a $15 billion valuation.
But compared to SpaceX and others, IPO certainty is lower.
Stripe & Databricks
Both companies have been talking about IPO since 2019, with multiple delays.
Market expectations for their IPOs in 2026-2027 are cautious.
Summary
Companies most likely to complete IPOs before 2027, ranked:
1 SpaceX (Almost certain, June 2026)
2 Anthropic (High probability, 2026)
3 Discord (Moderate probability)
4 Stripe/Databricks (Multiple delays in history, higher uncertainty)
5 OpenAI (May be delayed until after 2027)

#ArthurHayesSeesHYPEOvertakingSOL
One of the most debated topics in the digital asset market today is the growing belief among some high-profile investors that HYPE could eventually surpass SOL in market influence and valuation. The discussion gained global attention after Arthur Hayes publicly shared his view that HYPE possesses the characteristics necessary to challenge one of the industry's most established blockchain ecosystems.
To understand this perspective, investors must first understand what HYPE actually represents.
HYPE is the native asset of the Hyperliquid ecosystem, a rapidly expanding decentralized trading infrastructure designed to provide high-speed perpetual futures trading with an experience that closely resembles traditional centralized trading platforms. The project was built with a clear objective: combine the efficiency traders expect from professional exchanges with the transparency and self-custody benefits of decentralized finance.
Unlike many blockchain projects that focus primarily on narratives, Hyperliquid has attracted attention because of measurable activity.
The platform has generated substantial trading volume, growing user participation, increasing liquidity, and meaningful protocol revenue. These metrics are particularly important because experienced investors often view revenue generation as one of the strongest indicators of long-term sustainability.
Arthur Hayes' thesis is centered around this reality.
His argument is not simply based on speculation or short-term price action.
It is based on the belief that markets eventually reward projects capable of generating real economic activity.
Hyperliquid's growth has been driven by active traders using the platform rather than relying solely on incentive programs. This distinction matters because sustainable growth tends to attract more confidence from long-term investors.
To understand why the comparison with SOL is significant, it is important to examine what SOL has achieved.
SOL has established itself as one of the largest blockchain ecosystems in the industry. The network supports decentralized finance, gaming, payments, infrastructure services, non-fungible asset projects, and a large developer community. Over multiple market cycles, SOL has demonstrated resilience, strong adoption, and continuous ecosystem expansion.
For many investors, SOL remains one of the strongest blockchain networks in existence.
This is precisely why Hayes' prediction generated so much attention.
Overtaking a network of this scale would require exceptional execution.
The bullish case for HYPE focuses on several key factors.
First, Hyperliquid has built a product that directly addresses one of the largest sectors in digital assets: derivatives trading.
Trading activity consistently represents one of the biggest sources of liquidity and revenue within the industry. By positioning itself at the center of this market, Hyperliquid gains exposure to an enormous economic opportunity.
Second, the platform's token model has attracted significant investor interest.
A portion of ecosystem value is linked to token economics that many analysts believe could support long-term scarcity. When combined with growing platform activity, this creates a framework that some investors view as highly attractive.
Third, Hyperliquid is expanding beyond its original role as a trading venue.
The ecosystem is increasingly developing infrastructure, financial applications, and broader services designed to support long-term growth. This transition from a single-product platform toward a larger ecosystem is one of the reasons institutional investors have started paying closer attention.
From a trader's perspective, one of the most important concepts in this discussion is addressable market size.
Professional investors constantly evaluate how large a project's potential market can become.
The global derivatives market is measured in the hundreds of trillions of dollars. Even capturing a small fraction of that activity could create substantial growth opportunities.
This is one of the foundations behind the bullish outlook.
However, experienced investors also recognize the challenges.
SOL possesses years of ecosystem development, extensive infrastructure, deep liquidity, broad recognition, and one of the largest developer communities in the industry.
These advantages cannot be replicated overnight.
For HYPE to truly surpass SOL, it would need to sustain growth over an extended period, continue attracting users, maintain liquidity leadership, expand utility, and successfully execute its long-term vision.
That is a difficult challenge.
Yet financial markets have repeatedly demonstrated that disruptive projects can grow rapidly when they solve important problems more efficiently than existing alternatives.
The broader significance of this debate extends beyond HYPE and SOL themselves.
It reflects a larger shift within the digital asset industry.
Investors are increasingly focusing on revenue generation, business models, cash flow potential, user activity, and economic sustainability rather than relying solely on narratives.
This evolution is a sign of a maturing market.
Professional capital tends to flow toward ecosystems that demonstrate measurable value creation.
Whether HYPE ultimately surpasses SOL remains uncertain.
What is certain is that Hyperliquid has become one of the most closely watched projects in the digital asset sector.
Its rapid growth, strong trading activity, expanding ecosystem, and increasing institutional attention have transformed it from an emerging platform into a serious contender within the broader blockchain economy.
For investors, the most valuable lesson is not whether a prediction proves correct.
The lesson is understanding the reasoning behind it.
When market participants begin discussing revenue, liquidity, adoption, scalability, and long-term economic value, they are no longer discussing speculation alone.
They are discussing the foundations upon which future market leaders are built.