This market will resolve based on the calendar month (ET) in 2026 in which SpaceX’s initial public offering (IPO) occurs. If no IPO occurs by December 31, 2026, 11:59 PM ET, the market will resolve to "No IPO before 2027". Announcements, filings, or scheduling of an IPO will not suffice; this market will resolve after public trading has begun. Resolution will be based on information from the primary exchange.