
+9.2%
Will no Fed rate cuts happen in 2026?
24h Vol
$144.6K
Liquidity
$142.9K
Spread
0%
12/31/2026
View marketFinance
Polymarket market
Track live probability, outcome prices, volume, liquidity, and resolution details for Will Fannie Mae’s market cap be less than $200B at market close on IPO day?. The market currently shows a live probability of 1%, $2.5K in 24h volume, and $10.2K in liquidity.
Probability
1%
24h Volume
$2.5K
Liquidity
$10.2K
This market asks whether Fannie Mae would finish its first day of trading with a market value below $200 billion. It matters because Fannie Mae is a major U.S. housing-finance company, and an IPO would be a closely watched public-markets event with a valuation that can swing sharply on the opening day. The market also has a fallback outcome: if no IPO happens by June 30, 2026, it resolves to the no-IPO outcome instead.
The question is about Fannie Mae’s market capitalization at the official close of its first trading day after an IPO. Market cap is calculated from the closing share price multiplied by the number of shares outstanding, so the key reference point is the primary exchange’s official closing price on that first day. If the company does not list by June 30, 2026, 11:59 PM ET, the market does not try to estimate a valuation and instead resolves to the separate 'No IPO by June 30, 2026' outcome.
Fannie Mae is a large and unusual name in U.S. finance, so an IPO would raise a basic but important question: would investors value it above or below the $200 billion threshold on day one? The uncertainty comes from both the timing of any listing and the opening-day price discovery, which can be volatile for a newly public company. Traders are effectively weighing whether the first official close lands under the cutoff or somewhere above it.
Any confirmed step toward an IPO, such as a filing, pricing announcement, or exchange listing notice, would matter because it makes the event more likely to resolve on the valuation question rather than the no-IPO fallback. On the other side, delays, withdrawal of offering plans, or a missed deadline would push the market toward the no-IPO outcome. Once trading begins, the first-day closing price and the number of shares used in the official calculation are the main drivers of resolution.
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+9.2%
24h Vol
$144.6K
Liquidity
$142.9K
Spread
0%
12/31/2026
View marketThe current market price implies roughly a 1% chance for the leading outcome, based on live Polymarket pricing. That number is not a prediction from PredictionNinja and it is not a guarantee; it is the current crowd-priced view of the market and can change quickly when new information appears.
The most important items to verify are whether Fannie Mae actually completes an IPO by the June 30, 2026 deadline and, if it does, what the primary exchange lists as the official closing price on day one. The market rules say the resolution will follow the exchange’s official listing page, and if the figure is not displayed there, another reliable source may be used. Readers should also note the special rule for an interrupted session: if normal trading is cut short, the official closing price of that abbreviated session is used, and if no official close is published, the next trading day with an official close becomes the reference day.
Track live probability, outcome prices, volume, liquidity, and resolution details for Will Fannie Mae’s market cap be less than $200B at market close on IPO day?. The market currently shows a live probability of 1%, $2.5K in 24h volume, and $10.2K in liquidity.
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Yes
1.5%
No
98.6%
This market is currently listed with an end date of Jun 30, 2026. Market timelines can change if the underlying event is postponed, rescheduled, or resolved early.
This market will resolve based on Fannie Mae's market capitalization at the closing price on its first day of trading. If no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO by June 30, 2026". Market 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. If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket. Resolution 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. In the event of an interruption in the course of the normal trading session on Fannie Mae’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.
Probability signal
The current price implies a lower-probability outcome, which can make the market more sensitive to surprise news.
Liquidity context
Liquidity is relatively deep for a prediction market page, so quoted prices may be more reliable than very thin markets.
Spread
The bid-ask spread is tight, which usually points to a more actively priced market.
Recent movement
The 24h move is modest, suggesting the market has not repriced dramatically in the latest feed.
The current displayed probability is 1%, based on the latest normalized Polymarket data available to PredictionNinja.
The rules and resolution criteria are pulled from the market description provided by Polymarket when available.
Prediction markets can move whenever traders react to new information, liquidity changes, injuries, announcements, news, or other event-specific developments.
No. PredictionNinja displays market data and context for research only. It is not financial, legal, betting, or investment advice.

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