This market will resolve to "Yes" if MicroStrategy sells any of its Bitcoin by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The primary resolution source for this market will be information from MSTR and on-chain data, however a consensus of credible reporting will also be used.

This market will resolve to "Yes" if MicroStrategy sells any of its Bitcoin by 11:59 PM ET on the date specified in the title. Otherwise, this market will resolve to "No".

The primary resolution source for this market will be information from MSTR and on-chain data, however a consensus of credible reporting will also be used.

December 31, 2026

June 30, 2026

May 31, 2026

MicroStrategy sells any Bitcoin by ___ ?

This market will resolve to the largest company in the world by market cap on May 31, 2026, as of market close.

The resolution source for this market will be a consensus of credible reporting.

NVIDIA

Alphabet

Apple

Largest Company

Largest Company end of May?

This market will resolve according to the exact amount of cuts of 25 basis points in 2026 by the Fed (including any cuts made during the December meeting).

Emergency rate cuts outside of scheduled FOMC meetings will also count toward the total number of cuts in 2026. This market will remain open until December 31, 2026, 11:59 PM ET, to account for any such emergency actions.

For example, if the Fed cuts rates by 50 bps after a meeting, it would be considered 2 cuts (of 25 bps each).

This market will resolve early to "No" if the specified number of cuts becomes impossible — i.e., if more cuts have already occurred than the strike in question.

Note that cuts between 1–24 bps (inclusive) will also be considered 1 rate cut.

The resolution source for this market will be FOMC statements after meetings scheduled in 2026 according to the official calendar: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm. The level and change of the target federal funds rate is also published at the official website of the Federal Reserve at https://www.federalreserve.gov/monetarypolicy/openmarket.htm.

0 (0 bps)

1 (25 bps)

2 (50 bps)

How many Fed rate cuts in 2026?

This market will resolve to the named individual who is publicly announced as having agreed to purchase the Seattle Seahawks by September 9, 2026, at 11:59 PM ET (the beginning of the 2026 NFL regular season). 

If no sale is announced before this time, this market will resolve to "Other".

For the purposes of this market, an announcement must confirm that the Paul G. Allen estate (also known as Vulcan LLC) has reached a binding agreement to sell a majority interest in the team. Minority sales will not be considered.

If a sale is announced to an individual that is not listed, this market will resolve to “Other”.

If two or more listed individuals are announced as joint owners or part of the same ownership group, this market will resolve to the individual announced as the controlling owner.

If two or more listed individuals are announced as the controlling owners, this market will resolve to the individual whose last name comes first alphabetically.

For the purposes of this market, the completion (closing) of the sale is not required.

The primary resolution source will be official statements from the National Football League or the Seattle Seahawks. A consensus of credible reporting may also be used.

Macklemore

Steve Ballmer

Jeff Bezos

Who will buy the Seattle Seahawks?

This market will resolve to the second-largest company in the world by market cap on May 31, 2026, as of market close.

The resolution source for this market will be a consensus of credible reporting.

Second Largest Company

2nd largest company end of May?

This market will resolve to the largest company in the world by market cap on June 30, 2026, as of market close.

The resolution source for this market will be a consensus of credible reporting.

Largest Company end of June?

This market will resolve to "Yes" if OpenAI completes an Initial Public Offering (IPO) by the listed date ET, as confirmed by official company announcements and credible news sources. Otherwise, this market will resolve to "No".

The IPO refers to the first sale of stock by the listed company to the public on any recognized stock exchange.

If OpenAI is acquired by another company that is already public, this market will immediately resolve to "No."

The resolution source for this market is a consensus of credible reporting.

September 30, 2026

August 31, 2026

OpenAI IPO by...?

This market will resolve to the largest company in the world by market cap on December 31, 2026, as of market close.

The resolution source for this market will be a consensus of credible reporting.

Largest Company end of December 2026?

This market will resolve according to the bank that serves as the lead underwriter in the initial public offering of SpaceX.

If no IPO occurs by December 31, 2027, 11:59 PM ET, or SpaceX completes an initial public offering without a designated lead underwriter, this market will resolve to “Other.”

If multiple banks are identified as lead underwriters, this market will resolve according to the primary lead underwriter. If the hierarchy between them is unclear, this market will resolve once it is conclusively evident which bank is the primary lead underwriter, for example, through the order in which the banks are listed in the underwriting section of SpaceX’s final initial public offering prospectus, once released.

The primary resolution source for this market will be official disclosures from SpaceX. A consensus of credible reporting may also be used.

Goldman Sachs

Morgan Stanley

Citigroup

Lead Bank in SpaceX’s IPO?

This market will resolve to "Yes" if the listed company completes an Initial Public Offering (IPO) by December 31, 2026, 11:59 PM ET, as confirmed by official company announcements or credible news sources. The IPO refers to the first sale of stock by the listed company to the public on any recognized stock exchange.

If the listed company merges with another entity, is acquired, or ceases to exist before the market resolves, the market will also resolve to "No".

This market will resolve early if the listed company completes an IPO by December 31, 2026, 11:59 PM ET.

The resolution source for this market is a consensus of credible reporting.

SpaceX

Anthropic

OpenAI

Yearly IPOs

IPOs before 2027?

This market will resolve to "Yes" if Elon Musk's net worth, as listed on the Bloomberg Billionaires Index, reaches or exceeds $1 trillion at any point by December 31, 2026, 11:59 PM ET. Otherwise this market will resolve to "No".

The resolution source for this market will be the Bloomberg Billionaires Index (https://www.bloomberg.com/billionaires/), however a consensus of credible reporting may also be used.


Elon Musk Trillionaire

Elon Musk trillionaire before 2027?

This market will resolve to the third-largest company in the world by market cap on May 31, 2026, as of market close.

The resolution source for this market will be a consensus of credible reporting.

3rd largest company

3rd largest company end of May?

This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.

This market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.

Market capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.

If two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.

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 case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.

A listed company may resolve to "No" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.

In the event of an interruption in the course of the normal trading session on the respective companies’ 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 for purposes of this market.

Largest IPO by market cap in 2026?

This market will resolve to “Yes” if credible reporting confirms that any entity enters into an agreement to acquire the listed company by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Mergers where the listed company is subsumed by another entity will count toward a "Yes" resolution.

An announced agreement between the listed company and an acquiring entity will qualify for a “Yes” resolution, regardless of whether the acquisition is ultimately completed.

The primary resolution source for this market is official information from the listed company and/or its leadership; however, a consensus of credible reporting will also be used.

Cursor

Caesars Entertainment

Brown-Forman

Which companies will be acquired before 2027?

This market will resolve to “Yes” if either of the following conditions is met:

1.  The seasonally adjusted annualized percent change in quarterly U.S. real GDP from the previous quarter is less than 0.0 for two consecutive quarters between Q2 2025 and Q4 2026 (inclusive), as reported by the Bureau of Economic Analysis (BEA). 

2.  The National Bureau of Economic Research (NBER) publicly announces that a recession has occurred in the United States, at any point during 2025 or 2026, with the announcement made by the time the BEA releases the advance estimate for Q4 2026.

Otherwise, this market will resolve to "No". 

Note that advance estimates will be considered. For example, if upon release, the advance estimate for Q3 2025 was negative, and the Q2 2025's most recent, up-to-date estimate was also negative, this market would resolve to "Yes". If on December 31, 2026 the latest estimate for quarterly GDP in Q3 2025 was negative, this market will stay open until the Advance estimate of Q4 2026 is published, at which point it will resolve to "Yes" if Q4 2026 was negative or if the NBER declares a recession by then.

The resolution source will be the official announcements from the NBER and the BEA’s estimate of seasonally adjusted annualized percent change in quarterly US real GDP from previous quarters as released by the Bureau of Economic Analysis (BEA), https://www.bea.gov/data/gdp/gross-domestic-product

US recession by end of 2026?

This market will resolve to "Yes" if the Ornn H100 Index displays a finalized price equal to or beyond (above for ↑ High Prices, below for ↓ Low Prices) the listed price for any day between market creation and May 31, 2026. Otherwise, this market will resolve to "No."

The resolution source for this market is Ornnai.com (ornnai.com), specifically, the H100 Index chart data available at https://dashboard.ornnai.com. The daily values shown on the chart will be used for resolution. Daily data will be considered finalized once the following day’s data point is published.

This market will resolve as soon as the listed price is hit, or once the value for the specified end date is finalized. If not all relevant data has been finalized by the end of the 14th calendar date afterward (ET), this market will resolve based on the data available at that time.

Revisions made to previously published data points, before all relevant data points have been finalized, will be considered; however, they will not disqualify a previously published data point from resolving this market. Revisions made after all relevant data points have been finalized will not be considered.

↓ $3.00

↑ $3.30

↑ $3.40

H100 Rental Price

GPU rental prices (H100) hit___ by May 31?

This market will resolve to the third-largest company in the world by market cap on June 30, 2026, as of market close.

The resolution source for this market will be a consensus of credible reporting.

Microsoft

3rd largest company end of June?

This market will resolve according to "Yes" if the listed type of consumer hardware product is publicly announced by OpenAI by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

The announcement of a qualifying consumer hardware product within the market timeframe will suffice, regardless of whether or when the product is released.

If a device fulfills multiple device categories, then all relevant categories will resolve to "Yes".

The resolution source will be official information from OpenAI.

Earbuds/Headphones

Glasses

Phone

What kind of product will OpenAI announce in 2026?

This market will resolve to “Yes” if Cloudflare experiences any incident classified as Critical (red) as of the time it is marked as “Resolved” by the listed date (ET). Otherwise, this market will resolve to “No”.

Classifications of an incident while it is ongoing will have no bearing on the resolution of this market. Only classifications of events that are resolved will be considered.

Qualifying incidents include outages and other issues classified as critical when they are resolved, during this market's above-specified timeframe. 

An incident resolved outside this market’s timeframe will only qualify if ongoing at this market’s resolution time, in which case the market will remain open until that incident is marked as “Resolved,” and resolution will be based on the first impact classification thereafter, regardless of subsequent revisions or corrections.

Revisions that upgrade an incident’s impact classification to Critical will qualify if the incident was resolved and the revision is published within this market’s timeframe.

The primary resolution source for this market will be official information from Cloudflare (for example, on cloudflarestatus.com or cloudflarestatus.com/history); however, a consensus of credible reporting may also be used.

September 30

June 30

May 31

Another critical Cloudflare incident by...?

OpenAI Chief Financial Officer Sarah Friar recently suggested that OpenAI would be supportive of a government backstop for its investments in AI infrastructure including chips and data centers. Friar and Open AI Chief Executive Officer Sam Altman later backtracked on that statement. You can read more about that here: https://www.cnn.com/2025/11/06/tech/openai-backtracks-government-support-chip-investments.

This market will resolve to “Yes” if OpenAI or any financial lender or intermediary involved in providing debt financing to OpenAI receives a U.S. federal government backstop for any debt-transaction undertaken primarily for the benefit of OpenAI’s investments in AI infrastructure by June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

A backstop is defined as any explicit or legally binding loan guarantee, insurance, or equivalent financial instrument through which the U.S. federal government assumes or commits to assume partial or full repayment risk on OpenAI debt.

Tax credits, depreciation benefits, or grants not tied to a specific debt transaction will not qualify. 

The debt transaction which receives a government backstop must be primarily aimed at the development, building, or manufacturing of AI infrastructure. 

The primary source of resolution will be information from Open AI and the United States Federal Government; however, a consensus of credible reporting may also be used. 

OpenAI receives federal backstop for infrastructure before July?

This market will resolve based on the calendar month (ET) in 2026 in which SpaceX’s initial public offering (IPO) occurs.

If no IPO occurs by December 31, 2026, 11:59 PM ET, the market will resolve to "No IPO before 2027".

Announcements, filings, or scheduling of an IPO will not suffice; this market will resolve after public trading has begun.

Resolution will be based on information from the primary exchange.

June

July

No IPO before 2027

In which month will SpaceX IPO?

This market will resolve to “Yes” if the U.S. federal government takes a stake in Spirit Airlines, or any of its parent or subsidiary companies, by May 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Takes a stake refers to the U.S. federal government acquiring direct equity ownership, voting shares, convertible rights treated as equity, or equivalent ownership interests in the listed company or of a legal vehicle that primarily owns the listed company. Stakes acquired through independent entities entirely controlled or owned by the U.S. federal government (e.g. a sovereign wealth fund, state-owned enterprise, etc.) will count. Non-equity financial instruments or stakes acquired by private persons or entities not owned or controlled by the US federal government will not count; acquisitions by states, pensions, index or mutual funds, or consortia will not qualify.

An official US federal government announcement of a completed qualifying acquisition, or of a binding agreement to complete a qualifying acquisition, within this market’s timeframe will be sufficient to resolve this market to “Yes”. Speculation, suggestions, plans, or other announcements which do not announce a completed acquisition or a binding acquisition agreement, however, will not count.

The resolution source for this market will be official information from the US federal government and a consensus of credible reporting.

US takes a stake in Spirit Airlines by May 31?

This market will resolve to the second-largest company in the world by market cap on June 30, 2026, as of market close.

The resolution source for this market will be a consensus of credible reporting.

2nd largest company end of June?

On January 16, Elon Musk posted that buying Ryanair might be a "good idea." You can read more about that here: https://x.com/elonmusk/status/2012172825444913299

This market will resolve to “Yes” if credible reporting confirms that Elon Musk, either personally or through an entity led or majority owned by him, enters into an agreement to buy Ryanair by June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

An announced agreement between Elon Musk and Ryanair will qualify for a “Yes” resolution, regardless of whether the acquisition is ultimately completed.

An agreement to merge with a qualifying entity will count toward "Yes" resolution.

The primary resolution source for this market is official information from Elon Musk and Ryanair, however a consensus of credible reporting will also be used.