{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-1GVNRRFTH0",
  "slug": "spacex-closing-market-cap-end-of-july-20260630213828808",
  "question": "Will SpaceX's closing market cap at the end of July be above a specific threshold?",
  "category": "financials",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "financials",
    "finance",
    "business",
    "spacex",
    "market-cap",
    "valuation"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track SpaceX's market capitalization at the close of the last trading day of July 2026. Seven mutually exclusive Polymarket brackets span sub-$1.0T to $3.5T-plus, forming a full probability distribution over the rate level. All seven resolve via Polymarket's UMA Optimistic Oracle against the listed closing market capitalization. SpaceX is privately held, so the authoritative valuation source and pricing methodology warrant close scrutiny at resolution.",
  "venues_covered": [
    "polymarket"
  ],
  "primary_market_id": "CM-MKT-GYY54HDXK3",
  "current_primary_mark": {
    "last_price": 0.06,
    "implied_probability": 0.06
  },
  "created_at": "2026-07-23T21:11:14.426158+00:00",
  "updated_at": "2026-07-23T21:11:14.426158+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-WX6CP4Q975",
      "event_id": "CM-EVT-1GVNRRFTH0",
      "platform": "polymarket",
      "platform_market_id": "0x32427ce7cf0571162e856dd6c6870ee946fe1200c1ff191474267e874c2ea95d",
      "question": "Will SpaceX's market cap be less than $1.0T at market close on last trading day of July?",
      "description": "This market will resolve based on SpaceX's market capitalization at the closing price on the last trading day of the calendar month in which SpaceX completes its Initial Public Offering (IPO).\n\nThe IPO refers to the first sale of stock by SpaceX to the public on any recognized stock exchange. If no SpaceX IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to \"No IPO before 2028\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing ",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "<$1.0T: The listed company's market capitalization at closing price on the last trading day of the calendar month of its initial public offering, as calculated by multiplying shares outstanding by closing share price, resolves by July 31, 2026.",
      "close_at": "2026-07-31T03:59:00Z",
      "resolve_at": "2026-07-31T03:59:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve based on SpaceX's market capitalization at the closing price on the last trading day of the calendar month in which SpaceX completes its Initial Public Offering (IPO).\n\nThe IPO refers to the first sale of stock by SpaceX to the public on any recognized stock exchange. If no SpaceX IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to \"No IPO before 2028\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the last trading day of the calendar month in which SpaceX completes its IPO.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution 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.\n\nIn the event of an interruption in the course of the normal trading session on SpaceX’s last trading day of the calendar month in which SpaceX completes its IPO (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 last trading day of the calendar month in which SpaceX completes its IPO.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": null,
        "sources": [
          {
            "name": "another reliable source",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 84,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.048,
      "implied_probability": 0.048,
      "volume_24h_usd": 181.845,
      "volume_total_usd": 878.9304999999999,
      "settlement_style": "terminal",
      "direction": "below",
      "threshold": 1000000000000,
      "question_id": "CMX-444904377A",
      "also_on": null,
      "tags": [
        "market-cap",
        "spacex",
        "valuation"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-QRR5THCN59",
      "event_id": "CM-EVT-1GVNRRFTH0",
      "platform": "polymarket",
      "platform_market_id": "0x4160472054c28f311ef193035dea33d273e6ada14f85271eb42eb5cb3f3f7c39",
      "question": "Will SpaceX's market cap be between $1.0T and $1.5T at market close on last trading day of July?",
      "description": "This market will resolve based on SpaceX's market capitalization at the closing price on the last trading day of the calendar month in which SpaceX completes its Initial Public Offering (IPO).\n\nThe IPO refers to the first sale of stock by SpaceX to the public on any recognized stock exchange. If no SpaceX IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to \"No IPO before 2028\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing ",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$1.0T-$1.5T: The listed company's market capitalization at closing price on the last trading day of the calendar month of its initial public offering, as calculated by multiplying shares outstanding by closing share price, resolves by July 31, 2026.",
      "close_at": "2026-07-31T03:59:00Z",
      "resolve_at": "2026-07-31T03:59:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve based on SpaceX's market capitalization at the closing price on the last trading day of the calendar month in which SpaceX completes its Initial Public Offering (IPO).\n\nThe IPO refers to the first sale of stock by SpaceX to the public on any recognized stock exchange. If no SpaceX IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to \"No IPO before 2028\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the last trading day of the calendar month in which SpaceX completes its IPO.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution 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.\n\nIn the event of an interruption in the course of the normal trading session on SpaceX’s last trading day of the calendar month in which SpaceX completes its IPO (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 last trading day of the calendar month in which SpaceX completes its IPO.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": null,
        "sources": [
          {
            "name": "another reliable source",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 84,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.65,
      "implied_probability": 0.65,
      "volume_24h_usd": 1131.277233,
      "volume_total_usd": 2479.134549,
      "settlement_style": "terminal",
      "direction": "between",
      "threshold": null,
      "question_id": "CMX-BC0D068517",
      "also_on": null,
      "tags": [
        "market-cap",
        "spacex",
        "valuation"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-TMGPNW92P8",
      "event_id": "CM-EVT-1GVNRRFTH0",
      "platform": "polymarket",
      "platform_market_id": "0x90441858ba74e39c0dd89e4e8a80bac2457a0c65332b6cb3efcf69395b988892",
      "question": "Will SpaceX's market cap be between $1.5T and $2.0T at market close on last trading day of July?",
      "description": "This market will resolve based on SpaceX's market capitalization at the closing price on the last trading day of the calendar month in which SpaceX completes its Initial Public Offering (IPO).\n\nThe IPO refers to the first sale of stock by SpaceX to the public on any recognized stock exchange. If no SpaceX IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to \"No IPO before 2028\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing ",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$1.5T-$2.0T: The listed company's market capitalization at closing price on the last trading day of the calendar month of its initial public offering, as calculated by multiplying shares outstanding by closing share price, resolves by July 31, 2026.",
      "close_at": "2026-07-31T03:59:00Z",
      "resolve_at": "2026-07-31T03:59:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve based on SpaceX's market capitalization at the closing price on the last trading day of the calendar month in which SpaceX completes its Initial Public Offering (IPO).\n\nThe IPO refers to the first sale of stock by SpaceX to the public on any recognized stock exchange. If no SpaceX IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to \"No IPO before 2028\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the last trading day of the calendar month in which SpaceX completes its IPO.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution 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.\n\nIn the event of an interruption in the course of the normal trading session on SpaceX’s last trading day of the calendar month in which SpaceX completes its IPO (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 last trading day of the calendar month in which SpaceX completes its IPO.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": null,
        "sources": [
          {
            "name": "another reliable source",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 84,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.6,
      "implied_probability": 0.6,
      "volume_24h_usd": 875.883633,
      "volume_total_usd": 1911.891481,
      "settlement_style": "terminal",
      "direction": "between",
      "threshold": null,
      "question_id": "CMX-BC0D068517",
      "also_on": null,
      "tags": [
        "market-cap",
        "spacex",
        "valuation"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-GYY54HDXK3",
      "event_id": "CM-EVT-1GVNRRFTH0",
      "platform": "polymarket",
      "platform_market_id": "0x6c9019093c34d8038369dc9faa3863e9c6a39e5482b84a77ad9e56b5edff0863",
      "question": "Will SpaceX's market cap be between $2.0T and $2.5T at market close on last trading day of July?",
      "description": "This market will resolve based on SpaceX's market capitalization at the closing price on the last trading day of the calendar month in which SpaceX completes its Initial Public Offering (IPO).\n\nThe IPO refers to the first sale of stock by SpaceX to the public on any recognized stock exchange. If no SpaceX IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to \"No IPO before 2028\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing ",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$2.0T-$2.5T: The listed company's market capitalization at closing price on the last trading day of the calendar month of its initial public offering, as calculated by multiplying shares outstanding by closing share price, resolves by July 31, 2026.",
      "close_at": "2026-07-31T03:59:00Z",
      "resolve_at": "2026-07-31T03:59:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve based on SpaceX's market capitalization at the closing price on the last trading day of the calendar month in which SpaceX completes its Initial Public Offering (IPO).\n\nThe IPO refers to the first sale of stock by SpaceX to the public on any recognized stock exchange. If no SpaceX IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to \"No IPO before 2028\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the last trading day of the calendar month in which SpaceX completes its IPO.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution 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.\n\nIn the event of an interruption in the course of the normal trading session on SpaceX’s last trading day of the calendar month in which SpaceX completes its IPO (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 last trading day of the calendar month in which SpaceX completes its IPO.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": null,
        "sources": [
          {
            "name": "another reliable source",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 84,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.06,
      "implied_probability": 0.06,
      "volume_24h_usd": 181.876133,
      "volume_total_usd": 3576.7344250000006,
      "settlement_style": "terminal",
      "direction": "between",
      "threshold": null,
      "question_id": "CMX-29BDC3B122",
      "also_on": null,
      "tags": [
        "market-cap",
        "spacex",
        "valuation"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-XY2H1ZGFP3",
      "event_id": "CM-EVT-1GVNRRFTH0",
      "platform": "polymarket",
      "platform_market_id": "0x46656631e49180687c4a1ac3c9c8c917551937550eaeeacca94b4d7a843d1265",
      "question": "Will SpaceX's market cap be between $2.5T and $3.0T at market close on last trading day of July?",
      "description": "This market will resolve based on SpaceX's market capitalization at the closing price on the last trading day of the calendar month in which SpaceX completes its Initial Public Offering (IPO).\n\nThe IPO refers to the first sale of stock by SpaceX to the public on any recognized stock exchange. If no SpaceX IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to \"No IPO before 2028\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing ",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$2.5T-$3.0T: The listed company's market capitalization at closing price on the last trading day of the calendar month of its initial public offering, as calculated by multiplying shares outstanding by closing share price, resolves by July 31, 2026.",
      "close_at": "2026-07-31T03:59:00Z",
      "resolve_at": "2026-07-31T03:59:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve based on SpaceX's market capitalization at the closing price on the last trading day of the calendar month in which SpaceX completes its Initial Public Offering (IPO).\n\nThe IPO refers to the first sale of stock by SpaceX to the public on any recognized stock exchange. If no SpaceX IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to \"No IPO before 2028\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the last trading day of the calendar month in which SpaceX completes its IPO.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution 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.\n\nIn the event of an interruption in the course of the normal trading session on SpaceX’s last trading day of the calendar month in which SpaceX completes its IPO (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 last trading day of the calendar month in which SpaceX completes its IPO.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": null,
        "sources": [
          {
            "name": "another reliable source",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 84,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.004,
      "implied_probability": 0.004,
      "volume_24h_usd": 199.913,
      "volume_total_usd": 856.12456,
      "settlement_style": "terminal",
      "direction": "between",
      "threshold": null,
      "question_id": "CMX-BC0D068517",
      "also_on": null,
      "tags": [
        "market-cap",
        "spacex",
        "valuation"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-0TS0MCNQW8",
      "event_id": "CM-EVT-1GVNRRFTH0",
      "platform": "polymarket",
      "platform_market_id": "0xebb96c52913fc13dc2a3711f2f9f9f25ea4993740bc5408a663d1124395437a2",
      "question": "Will SpaceX's market cap be between $3.0T and $3.5T at market close on last trading day of July?",
      "description": "This market will resolve based on SpaceX's market capitalization at the closing price on the last trading day of the calendar month in which SpaceX completes its Initial Public Offering (IPO).\n\nThe IPO refers to the first sale of stock by SpaceX to the public on any recognized stock exchange. If no SpaceX IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to \"No IPO before 2028\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing ",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$3.0T-$3.5T: The listed company's market capitalization at closing price on the last trading day of the calendar month of its initial public offering, as calculated by multiplying shares outstanding by closing share price, resolves by July 31, 2026.",
      "close_at": "2026-07-31T03:59:00Z",
      "resolve_at": "2026-07-31T03:59:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve based on SpaceX's market capitalization at the closing price on the last trading day of the calendar month in which SpaceX completes its Initial Public Offering (IPO).\n\nThe IPO refers to the first sale of stock by SpaceX to the public on any recognized stock exchange. If no SpaceX IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to \"No IPO before 2028\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the last trading day of the calendar month in which SpaceX completes its IPO.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution 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.\n\nIn the event of an interruption in the course of the normal trading session on SpaceX’s last trading day of the calendar month in which SpaceX completes its IPO (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 last trading day of the calendar month in which SpaceX completes its IPO.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": null,
        "sources": [
          {
            "name": "another reliable source",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 84,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.004,
      "implied_probability": 0.004,
      "volume_24h_usd": 116.164,
      "volume_total_usd": 1030.9033999999997,
      "settlement_style": "terminal",
      "direction": "between",
      "threshold": null,
      "question_id": "CMX-633B9D10CA",
      "also_on": null,
      "tags": [
        "market-cap",
        "spacex",
        "valuation"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-VL3VPTCZ88",
      "event_id": "CM-EVT-1GVNRRFTH0",
      "platform": "polymarket",
      "platform_market_id": "0xfaf06399e324a9be02409b56dee51e134485018709cbdd2b374d26f5b9b47dfd",
      "question": "Will SpaceX's market cap be at least $3.5T at market close on last trading day of July?",
      "description": "This market will resolve based on SpaceX's market capitalization at the closing price on the last trading day of the calendar month in which SpaceX completes its Initial Public Offering (IPO).\n\nThe IPO refers to the first sale of stock by SpaceX to the public on any recognized stock exchange. If no SpaceX IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to \"No IPO before 2028\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing ",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$3.5T+: The listed company's market capitalization at closing price on the last trading day of the calendar month of its initial public offering, as calculated by multiplying shares outstanding by closing share price, resolves by July 31, 2026.",
      "close_at": "2026-07-31T03:59:00Z",
      "resolve_at": "2026-07-31T03:59:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve based on SpaceX's market capitalization at the closing price on the last trading day of the calendar month in which SpaceX completes its Initial Public Offering (IPO).\n\nThe IPO refers to the first sale of stock by SpaceX to the public on any recognized stock exchange. If no SpaceX IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to \"No IPO before 2028\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the last trading day of the calendar month in which SpaceX completes its IPO.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution 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.\n\nIn the event of an interruption in the course of the normal trading session on SpaceX’s last trading day of the calendar month in which SpaceX completes its IPO (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 last trading day of the calendar month in which SpaceX completes its IPO.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": null,
        "sources": [
          {
            "name": "another reliable source",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 84,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.001,
      "implied_probability": 0.001,
      "volume_24h_usd": 40,
      "volume_total_usd": 305,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 3500000000000,
      "question_id": "CMX-1410557726",
      "also_on": null,
      "tags": [
        "market-cap",
        "spacex",
        "valuation"
      ],
      "eligibility_screens": null
    }
  ],
  "resolution_log": [],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-1GVNRRFTH0",
    "terms": "Attribution required. clearmarket.fyi"
  }
}