{
  "_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-9JB7JSKYX6",
  "slug": "spacex-ipo-closing-market-cap-higher-strikes",
  "question": "Will SpaceX's IPO closing market cap be below the lower strike price by 2027?",
  "category": "financials",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "financials",
    "spacex",
    "ipo",
    "market-cap",
    "tech",
    "finance"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track SpaceX's closing market capitalization on its IPO day, with a deadline of December 31, 2027. Polymarket structures the event as a mutually exclusive set of discrete market-cap strike bands, ranging from below $1.0T to above $2.0T, plus a no-IPO outcome. Each band resolves via Polymarket's UMA Optimistic Oracle, using shares outstanding multiplied by first-day closing price. Resolution requires a completed IPO before the 2027 deadline; no IPO renders all cap-band markets void.",
  "venues_covered": [
    "polymarket"
  ],
  "primary_market_id": "CM-MKT-NZ5D0415R0",
  "current_primary_mark": {
    "last_price": 1,
    "implied_probability": 1
  },
  "created_at": "2026-07-06T00:30:45.836226+00:00",
  "updated_at": "2026-07-06T00:30:45.836226+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-74TP4HZJW9",
      "event_id": "CM-EVT-9JB7JSKYX6",
      "platform": "polymarket",
      "platform_market_id": "0xc8034ffc35d47f966646cd1807900b415365f759bac771e3d7d9cfce3cf2a9ea",
      "question": "Will SpaceX's market cap be between $1.6T and $1.8T at market close on IPO day?",
      "description": "This market will resolve based on SpaceX's market capitalization at the closing price on its first day of trading.\n\nIf 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 first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution will be ba",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "1.6T–1.8T: The listed company's market capitalization at closing price on its first trading day, calculated as shares outstanding multiplied by closing share price, per public exchange data by December 31, 2027.",
      "close_at": "2027-12-31T00:00:00Z",
      "resolve_at": "2027-12-31T00:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on SpaceX's market capitalization at the closing price on its first day of trading.\n\nIf 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 first trading day.\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 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.",
        "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": 85,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 11600.431420000003,
      "volume_total_usd": 170623.31331799988,
      "settlement_style": "terminal",
      "direction": "between",
      "threshold": 1.6,
      "question_id": "CMX-0B4DAA28BD",
      "also_on": null,
      "tags": [
        "ipo",
        "market-cap",
        "spacex"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-JFZ2VPNGK9",
      "event_id": "CM-EVT-9JB7JSKYX6",
      "platform": "polymarket",
      "platform_market_id": "0x897b618a599afc4106593a796bac1a5ba29935bd1f7584536e3ae957450ab30e",
      "question": "Will SpaceX not IPO by December 31, 2027?",
      "description": "This market will resolve based on SpaceX's market capitalization at the closing price on its first day of trading.\n\nIf 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 first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution will be ba",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "No IPO before 2028: The listed company's market capitalization at closing price on its first trading day, calculated as shares outstanding multiplied by closing share price, per public exchange data by December 31, 2027.",
      "close_at": "2027-12-31T00:00:00Z",
      "resolve_at": "2027-12-31T00:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on SpaceX's market capitalization at the closing price on its first day of trading.\n\nIf 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 first trading day.\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 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.",
        "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": 85,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 2.56,
      "volume_total_usd": 264892.1653049999,
      "settlement_style": "occurrence",
      "direction": "occurrence",
      "threshold": null,
      "question_id": "CMX-CDA74E2A24",
      "also_on": null,
      "tags": [
        "ipo",
        "occurrence",
        "spacex"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-BMFFXGGDS7",
      "event_id": "CM-EVT-9JB7JSKYX6",
      "platform": "polymarket",
      "platform_market_id": "0xfa928bde6b984b65611fd3a9fde594ae7daafc38572121f6dcc4ac4aaba03df8",
      "question": "Will SpaceX's market cap be less than $1.0T at market close on IPO day?",
      "description": "This market will resolve based on SpaceX's market capitalization at the closing price on its first day of trading.\n\nIf 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 first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution will be ba",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "<1.0T: The listed company's market capitalization at closing price on its first trading day, calculated as shares outstanding multiplied by closing share price, per public exchange data by December 31, 2027.",
      "close_at": "2027-12-31T00:00:00Z",
      "resolve_at": "2027-12-31T00:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on SpaceX's market capitalization at the closing price on its first day of trading.\n\nIf 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 first trading day.\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 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.",
        "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": 85,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 35601.527910000004,
      "volume_total_usd": 201836.72238699987,
      "settlement_style": "terminal",
      "direction": "below",
      "threshold": 1,
      "question_id": "CMX-6490D3F230",
      "also_on": null,
      "tags": [
        "ipo",
        "market-cap",
        "spacex"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-T63RS7ZC65",
      "event_id": "CM-EVT-9JB7JSKYX6",
      "platform": "polymarket",
      "platform_market_id": "0x582532c6acae7f86917143c3dcfb584819a95398d3eadb26c1944764537b0e20",
      "question": "Will SpaceX's market cap be between $1.0T and $1.2T at market close on IPO day?",
      "description": "This market will resolve based on SpaceX's market capitalization at the closing price on its first day of trading.\n\nIf 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 first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution will be ba",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "1.0T–1.2T: The listed company's market capitalization at closing price on its first trading day, calculated as shares outstanding multiplied by closing share price, per public exchange data by December 31, 2027.",
      "close_at": "2027-12-31T00:00:00Z",
      "resolve_at": "2027-12-31T00:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on SpaceX's market capitalization at the closing price on its first day of trading.\n\nIf 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 first trading day.\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 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.",
        "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": 85,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 8930.226516,
      "volume_total_usd": 94060.69865899983,
      "settlement_style": "terminal",
      "direction": "between",
      "threshold": 1,
      "question_id": "CMX-BA6F5D9C71",
      "also_on": null,
      "tags": [
        "ipo",
        "market-cap",
        "spacex"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-BWZFSK3NM3",
      "event_id": "CM-EVT-9JB7JSKYX6",
      "platform": "polymarket",
      "platform_market_id": "0x6ad74cc331ad699ef75a043da70cad641b348b2eec5979a3dc0ff95888239c3d",
      "question": "Will SpaceX's market cap be between $1.2T and $1.4T at market close on IPO day?",
      "description": "This market will resolve based on SpaceX's market capitalization at the closing price on its first day of trading.\n\nIf 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 first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution will be ba",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "1.2T–1.4T: The listed company's market capitalization at closing price on its first trading day, calculated as shares outstanding multiplied by closing share price, per public exchange data by December 31, 2027.",
      "close_at": "2027-12-31T00:00:00Z",
      "resolve_at": "2027-12-31T00:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on SpaceX's market capitalization at the closing price on its first day of trading.\n\nIf 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 first trading day.\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 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.",
        "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": 85,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 7707.280925000002,
      "volume_total_usd": 111788.55647899989,
      "settlement_style": "terminal",
      "direction": "between",
      "threshold": 1.2,
      "question_id": "CMX-BA6F5D9C71",
      "also_on": null,
      "tags": [
        "ipo",
        "market-cap",
        "spacex"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-6YJ0G2XBC6",
      "event_id": "CM-EVT-9JB7JSKYX6",
      "platform": "polymarket",
      "platform_market_id": "0x8587c25e68ea0f18372d15251bc5d6784999f44b32f6727591483b0f16b425e6",
      "question": "Will SpaceX's market cap be between $1.4T and $1.6T at market close on IPO day?",
      "description": "This market will resolve based on SpaceX's market capitalization at the closing price on its first day of trading.\n\nIf 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 first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution will be ba",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "1.4T–1.6T: The listed company's market capitalization at closing price on its first trading day, calculated as shares outstanding multiplied by closing share price, per public exchange data by December 31, 2027.",
      "close_at": "2027-12-31T00:00:00Z",
      "resolve_at": "2027-12-31T00:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on SpaceX's market capitalization at the closing price on its first day of trading.\n\nIf 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 first trading day.\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 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.",
        "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": 85,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 10679.163409000003,
      "volume_total_usd": 165465.15013499992,
      "settlement_style": "terminal",
      "direction": "between",
      "threshold": 1.4,
      "question_id": "CMX-BA6F5D9C71",
      "also_on": null,
      "tags": [
        "ipo",
        "market-cap",
        "spacex"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-Z8SLL4RGL7",
      "event_id": "CM-EVT-9JB7JSKYX6",
      "platform": "polymarket",
      "platform_market_id": "0xd9a7b51443dc1f1c7c679a28a334d6d2a945bd7e2f4500394494124a13222607",
      "question": "Will SpaceX's market cap be between $1.8T and $2.0T at market close on IPO day?",
      "description": "This market will resolve based on SpaceX's market capitalization at the closing price on its first day of trading.\n\nIf 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 first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution will be ba",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "1.8T–2.0T: The listed company's market capitalization at closing price on its first trading day, calculated as shares outstanding multiplied by closing share price, per public exchange data by December 31, 2027.",
      "close_at": "2027-12-31T00:00:00Z",
      "resolve_at": "2027-12-31T00:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on SpaceX's market capitalization at the closing price on its first day of trading.\n\nIf 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 first trading day.\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 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.",
        "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": 85,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 22597.38878,
      "volume_total_usd": 162643.89334799993,
      "settlement_style": "terminal",
      "direction": "between",
      "threshold": 1.8,
      "question_id": "CMX-0B4DAA28BD",
      "also_on": null,
      "tags": [
        "ipo",
        "market-cap",
        "spacex"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-NZ5D0415R0",
      "event_id": "CM-EVT-9JB7JSKYX6",
      "platform": "polymarket",
      "platform_market_id": "0x61c020db75fac30d0b3ee73acb481e94d6aee3790828650aa9f0b50d43fedca5",
      "question": "Will SpaceX's market cap be greater than $2.0T at market close on IPO day?",
      "description": "This market will resolve based on SpaceX's market capitalization at the closing price on its first day of trading.\n\nIf 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 first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution will be ba",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "2.0T+: The listed company's market capitalization at closing price on its first trading day, calculated as shares outstanding multiplied by closing share price, per public exchange data by December 31, 2027.",
      "close_at": "2027-12-31T00:00:00Z",
      "resolve_at": "2027-12-31T00:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on SpaceX's market capitalization at the closing price on its first day of trading.\n\nIf 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 first trading day.\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 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.",
        "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": 85,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 1,
      "implied_probability": 1,
      "volume_24h_usd": 85086.20645800002,
      "volume_total_usd": 456849.94771300297,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 2,
      "question_id": "CMX-AF7F03306D",
      "also_on": null,
      "tags": [
        "ipo",
        "market-cap",
        "spacex"
      ],
      "eligibility_screens": null
    }
  ],
  "resolution_log": [
    {
      "market_id": "CM-MKT-74TP4HZJW9",
      "platform": "polymarket",
      "outcome": "NO",
      "resolved_at": "2027-12-31T00:00:00Z",
      "final_price": 0,
      "recorded_at": "2026-07-07T06:00:59.667Z",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-JFZ2VPNGK9",
      "platform": "polymarket",
      "outcome": "NO",
      "resolved_at": "2027-12-31T00:00:00Z",
      "final_price": 0,
      "recorded_at": "2026-07-07T06:00:59.667Z",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-BMFFXGGDS7",
      "platform": "polymarket",
      "outcome": "NO",
      "resolved_at": "2027-12-31T00:00:00Z",
      "final_price": 0,
      "recorded_at": "2026-07-07T06:00:59.667Z",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-T63RS7ZC65",
      "platform": "polymarket",
      "outcome": "NO",
      "resolved_at": "2027-12-31T00:00:00Z",
      "final_price": 0,
      "recorded_at": "2026-07-07T06:00:59.667Z",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-BWZFSK3NM3",
      "platform": "polymarket",
      "outcome": "NO",
      "resolved_at": "2027-12-31T00:00:00Z",
      "final_price": 0,
      "recorded_at": "2026-07-07T06:00:59.667Z",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-6YJ0G2XBC6",
      "platform": "polymarket",
      "outcome": "NO",
      "resolved_at": "2027-12-31T00:00:00Z",
      "final_price": 0,
      "recorded_at": "2026-07-07T06:00:59.667Z",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-Z8SLL4RGL7",
      "platform": "polymarket",
      "outcome": "NO",
      "resolved_at": "2027-12-31T00:00:00Z",
      "final_price": 0,
      "recorded_at": "2026-07-07T06:00:59.667Z",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-NZ5D0415R0",
      "platform": "polymarket",
      "outcome": "YES",
      "resolved_at": "2027-12-31T00:00:00Z",
      "final_price": 1,
      "recorded_at": "2026-07-07T06:00:59.667Z",
      "source": "platform_api",
      "source_ref": null
    }
  ],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-9JB7JSKYX6",
    "terms": "Attribution required. clearmarket.fyi"
  }
}