The odds are heavily stacked against OpenAI achieving a market cap between $1.25 trillion and $1.5 trillion on its IPO day, with Polymarket traders assigning just a 5% probability to that outcome. The $1.25 trillion-to-$1.5 trillion range represents a significant premium over current private valuations for the artificial intelligence company, which has been valued at around $80 billion in secondary markets. The 95% expectation of a lower valuation reflects caution among forecasters about the company's ability to sustain its growth trajectory amid rising competition from rivals like Anthropic and Google DeepMind, as well as regulatory scrutiny over AI safety and data privacy. No other prediction platforms—Kalshi or Manifold—currently offer contracts on this specific event, making Polymarket the sole source of market-based probabilities. The $514,000 in volume suggests moderate liquidity, though the lack of cross-platform data limits the ability to gauge consensus or divergence among traders.