When is Kalshi's IPO?

Kalshi has not announced an official IPO date yet — it is still privately held. We update this page as soon as an IPO date, filing or price range is reported.

What is Kalshi's expected IPO price?

Kalshi's IPO price has not been set yet. The price range is usually disclosed in the final prospectus, shortly before the company lists.

How can I get pre-IPO exposure to Kalshi?

Kalshi is still private, but we track live pre-IPO markets for it from Jupiter PreStocks tokenized pre-IPO markets — including implied valuation and 24h volume shown above. These markets are third-party derivatives or tokens that track the company's valuation; they are not shares of Kalshi.

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Kalshi

IPO UpcomingPre-IPO

IPO Upcoming / Pre-IPOUnited StatesCrypto1 market

Jupiter PreStocksTokenized equity

PreLWGkkeqG1s4HEfFZSy9moCrJ7btsHuUtfcCeoRua

Price

$794.32

24h

-11.72%

Valuation

—

24h volume

$222.1K

Type

Tokenized equity

Market source

Jupiter PreStocks quotes a tokenized equity that tracks Kalshi's private valuation. It is not a share of the company.

View on Jupiter PreStocks

Jupiter PreStocks · updated 10s ago

About Kalshi

Kalshi is a financial exchange for event contracts, allowing users to trade regulated markets tied to real-world economic, political, weather, cultural, and business outcomes.

What the company does

Lists yes-or-no event contracts where prices express the market-implied probability of an outcome.
Uses an exchange model with order books, clearing, and market rules designed for standardized event trading.
Serves users who want probability-based exposure to measurable events rather than traditional stocks, bonds, or crypto assets.

Business profile

Kalshi operates in the prediction-market and event-contract category, where liquidity, market design, regulatory structure, and transparent settlement rules are core parts of the product.

Latest Kalshi IPO news

Recent sourced articles classified for IPO relevance, with platform-access noise filtered out where possible.

Kalshi seeks $1 billion at $40 billion valuation amid IPO discussions

Sep 29, 2026IPO filing

Kalshi is in advanced talks to raise about $1 billion at a valuation of roughly $40 billion, up from $22 billion in May, while holding early discussions about a potential IPO in coming years.

Kalshi IPO — frequently asked questions

When is Kalshi's IPO?: Kalshi has not announced an official IPO date yet — it is still privately held. We update this page as soon as an IPO date, filing or price range is reported.
What is Kalshi's expected IPO price?: Kalshi's IPO price has not been set yet. The price range is usually disclosed in the final prospectus, shortly before the company lists.
How can I get pre-IPO exposure to Kalshi?: Kalshi is still private, but we track live pre-IPO markets for it from Jupiter PreStocks tokenized pre-IPO markets — including implied valuation and 24h volume shown above. These markets are third-party derivatives or tokens that track the company's valuation; they are not shares of Kalshi.