March
9.9%
April
2.1%
May
1.4%
June
66%
July
2.2%
August
4.1%
September
3.7%
October
4.4%
November
14.8%
December
23.9%
750B–1T
21%
No IPO by De...
65%
1.5T+
20%
1.25T–1.5T
23%
1T–1.25T
25%
500–750B
25%
<500B
22%
600B+
87%
No IPO by De...
18%
400–600B
2.2%
200–300B
7.7%
<100B
0.3%
300–400B
0.1%
100–200B
2.1%
Discord
0.5%
Databricks
1.2%
Perplexity A...
0.2%
Revolut
0.2%
Waymo
0.3%
SHEIN
0.2%
Kraken
3.3%
OpenAI
4.2%
SpaceX
83%
Stripe
0.4%
$1.2T
43%
$1.4T
39%
$1.6T
30%
$1T
44%
$800B
63%
78.9%
chance
61%
chance
81%
chance
No IPO befor...
4.8%
2.0T+
59%
1.8T–2.0T
11%
1.4T–1.6T
4.4%
1.0T–1.2T
3.3%
<1.0T
8%
1.6T–1.8T
12.9%
1.2T–1.4T
3.4%
March 31
1.3%
June 30
80%
September 30
87%
December 31
92%
$4B
90%
$7B
4%
$6B
53%
$5B
52%
$3B
69%
$2B
90.8%
$1B
91.4%
5B–7B
8%
10B–15B
7.8%
2B–3B
56%
4B–5B
18%
15B+
2.7%
3B–4B
24%
No IPO befor...
9%
7B–10B
1.2%
<2B
29%