Live Odds · Updated October 24, 2026

Anthropic or OpenAI: higher IPO closing market cap?

As of October 24, 2026, 09:19 PM ET, Polymarket traders price Anthropic at 76.0% in Anthropic or OpenAI: higher IPO closing market cap? — $334 traded so far.

Last updated October 24, 2026, 09:17 PM ET with live prices from Polymarket. 24h volume: $5.
Leading outcome
Anthropic
76%
A 76.0% price implies roughly a 76-in-100 chance, set by traders risking real money.
24H +0.5 pts7D +7.5 pts30D +7.5 pts
Anthropic76.0%
OpenAI24.0%
Bid
73¢
Ask
79¢
Spread
6¢
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Range since August 19, 2026: 67.5% – 82.0% · Opened at 82.0%

Market facts

Event data
Event
Anthropic or OpenAI: higher IPO closing market cap?
Category
AI, IPO, IPOs, OpenAI, Finance, Business, Claude 5, Anthropic, OpenAI IPO, sam altman, Anthropic IPO
Scheduled end
December 31, 2028, 11:59 PM ET
Total volume
$334
Volume (24h)
$5
Liquidity
$1.1K
Markets
1
Leading outcome
Anthropic — 76.0%

What is the current price?

Momentum & history

The leading outcome, Anthropic, is priced at 76.0%.

Price changes for the leading market — 24 hours: +0.5 pts; past week: +7.5 pts; past month: +7.5 pts.

Since August 19, 2026, Anthropic has traded between 67.5% and 82.0%. It opened at 82.0% and last traded at 76.0%.

DayClose
Oct 16, 202668.5%
Oct 18, 202668.5%
Oct 19, 202668.5%
Oct 20, 202668.5%
Oct 22, 202675.5%
Oct 23, 202675.5%
Oct 24, 202676.0%

Who is favored to win?

Outcomes

Anthropic is favored at 76.0%.

OutcomePriceImplied probability24h changeVolumeVolume share
Anthropic76¢76.0%+0.5 pts$334100.0%
OpenAI24¢24.0%-0.5 pts$334100.0%

See the full live book for this market on Polymarket

The leading market's spread is 6¢ (bid 73¢ / ask 79¢) — a tighter spread means cheaper round-trip trading.

How much has been traded?

Volume

$334 has been traded on this event in total, $5 of it in the last 24 hours, across 1 market.

When does this market resolve?

Rules

This market is scheduled to end December 31, 2028, 11:59 PM ET.

This market will resolve to "Anthropic" if the official closing price for Anthropic's market capitalization on its first trading day is above the official closing price for OpenAI's market capitalization on its first trading day. This market will resolve to "OpenAI" if the official closing price for OpenAI's market capitalization on its first trading day is above the official closing price for Anthropic's market capitalization on its first trading day. This market will resolve to the company that completes an Initial Public Offering (IPO) by December 31, 2028, 11:59 PM ET, if the other company does not complete an IPO within the market timeframe. This market will resolve to the IPOed company as soon as it becomes impossible for the other company to complete an IPO within the market timeframe, including due to acquisition, merger, or absorption by an entity that is already publicly traded. This market will resolve 50-50 if: - Neither IPO occurs by December 31, 2028, 11:59 PM ET. - Both Anthropic and OpenAI complete an IPO within this market's timeframe, and their IPO closing market capitalizations are exactly equal. - Both companies become unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded. Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. … (condensed)

What do the biggest traders hold?

Top holders

The largest current holder of the leading market holds 94 shares of OpenAI.

HolderOutcome heldSharesValue at current price
Unsung-DrinkOpenAI94$22
Required-HornAnthropic40$30
Light-Constraint-PitaAnthropic29$22
Vague-PlaywrightAnthropic29$22
Belated-GlueOpenAI27$6
Illustrious-DrumAnthropic25$19
0x06071232…OpenAI20$5
Stupendous-Alpenhorn-NickAnthropic19$14
Irritating-VentiOpenAI19$4
Oddball-PoisonAnthropic10$8

What are the latest trades?

Tape
BUY OpenAI — $30 at 32.0%BUY Anthropic — $20 at 69.0%BUY Anthropic — $20 at 69.0%
TimeOutcomeSidePriceSize
Oct 24, 11:49 AM ETAnthropicSELL73.0%$4
Oct 22, 02:16 AM ETOpenAIBUY29.0%$1
Oct 22, 02:15 AM ETAnthropicBUY70.0%$14
Oct 22, 01:33 AM ETAnthropicBUY69.0%$20
Oct 21, 12:49 PM ETOpenAIBUY33.0%$7
Oct 07, 08:58 AM ETAnthropicBUY69.0%$20
Sep 22, 07:51 AM ETOpenAISELL31.0%$0
Sep 22, 07:51 AM ETOpenAISELL31.0%$0
Sep 21, 03:31 AM ETOpenAIBUY32.0%$7
Sep 21, 03:31 AM ETAnthropicSELL68.0%$16

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Frequently asked questions

FAQ

What are the odds of Anthropic or OpenAI: higher IPO closing market cap??

As of October 24, 2026, 09:17 PM ET, the leading outcome is Anthropic at 76.0%. Next is OpenAI at 24.0%. See the live book on Polymarket: https://polymarket.com/event/anthropic-or-openai-higher-ipo-closing-market-cap?via=bro

How much money has been traded on Anthropic or OpenAI: higher IPO closing market cap??

$334 in total volume, with $5 traded in the last 24 hours across 1 markets.

When does Anthropic or OpenAI: higher IPO closing market cap? end?

The market is scheduled to end December 31, 2028, 11:59 PM ET.

What is the most likely outcome of Anthropic or OpenAI: higher IPO closing market cap?, according to Polymarket traders?

Anthropic, priced at 76.0% as of October 24, 2026, 09:17 PM ET. Prices are implied probabilities backed by real-money trading.

Browse the live odds index, today's biggest movers, and Whale Watch for the largest positions.

⚠️ Not financial advice: odds swing hard on news. Never bet money you can't afford to lose, and always read a market's resolution rules before trading.

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