Friday, August 21, 2026GraphArchiveSubscribeDaily · No. 72

The Probable Times

What the world’s prediction markets expect — read as news

Anthropic Closes In on SpaceX in Race for 2026's Biggest IPO

Traders now see Anthropic's IPO market cap edging past SpaceX's, a 22-point swing in a week, even as OpenAI's Astra model surges toward release and Iran-related risk markets stay elevated.

Anthropic's odds of claiming 2026's largest IPO market cap climbed to 48%, up 22 points over the week, while SpaceX's slid to 54%, down 17 points over the same span — a race that traders priced as a near-lock for SpaceX a week ago and now call essentially a coin flip. The move tracks a broader repricing of Anthropic's calendar: traders now put 83% odds on an IPO by October 31, up 10 points on the day and 12 on the week, with October itself favored at 68%, up 11 points on the day. Elsewhere in AI, OpenAI's Astra model jumped to 58% odds of a September 15 release, up 22 points in a single day. Geopolitical risk markets tell a more unsettled story: contracts on Iran targeting an Arab country sit at 85%, up 80 points over the week though down 6 on the day, even as traders cut odds of an end to the Iranian blockade by September 30 to 24%, down 26 points over the week, and a Hormuz management deal to just 9%, down 24.

Today’s biggest movesprobability shifts, volume-weighted
Geopolitics

Will Iran target a Arab country on August 17, 2026?

4.5% 85% 7d
$22,257 traded · 24h
Culture

Will the total domestic gross for The Odyssey be between 550m and 570m by August 31?

19% 70% 7d
$7,422 traded · 24h
Economy & Crypto

Aligned FDV above $100M one day after launch?

52% 97% 7d
$7,756 traded · 24h
Geopolitics

US announces end of Iranian blockade by September 30, 2026?

50% 24% 7d
$104,776 traded · 24h
Geopolitics

Iran-Oman Hormuz Agreement by August 31?

34% 9% 7d
$34,725 traded · 24h
Economy & Crypto

Will Anthropic have the highest IPO Market Cap 2026?

26% 48% 7d
$14,400 traded · 24h
Science & Tech

Will OpenAI’s Astra model be released by September 15, 2026?

36% 58% 24h
$6,835 traded · 24h
Sports

Will Scottie Scheffler win the 2026 BMW Championship?

22% 3% 24h
$27,898 traded · 24h

Geopolitics

Iran risk markets remain elevated but jittery: odds that Iran targets an Arab country sit at 85%, up a full 80 points over the week though down 6 on the day, while traders keep trimming hopes for de-escalation — an end to the Iranian blockade by September 30 fell to 24% (-26 pts/7d), a Hormuz management pact slipped to 9% (-24 pts/7d), and normal Strait of Hormuz traffic by December sits at 30% (-16 pts/7d). Markets give 78% odds of no US-Iran talks before September 30.

August 1785%▼ 6 24hAugust 3014%▼ 10 24hAugust 227.5%▼ 4 24hAugust 215.5%▼ 4 24h
September 3024%▼ 5 24hOctober 3144%▼ 7 24hAugust 314.5%▼ 1 24hDecember 3167%▼ 2 24h
August 319%▼ 8 24hAugust 222.3%▼ 4 24hSeptember 3041%▼ 9 24h
Strait of Hormuz traffic returns to normal by December 31?30%▼ 5 24h
September 30, 202621%▼ 2 24hMarch 31, 202764%▼ 10 24hDecember 31, 202644%▼ 7 24hAugust 31, 20262.9%▼ 2 24h
No Meeting by September 3078%▲ 2 24hPakistan4.5%▼ 1 24hSwitzerland9.5%▼ 1 24hOman2.1%▼ 1 24h

Politics & Elections

South Carolina's Republican Senate primary tightened sharply, with Ralph Norman climbing to 30% (+10 pts/24h) as Darline Graham Nordone's lead narrowed to 71% (-9 pts/24h). The Clarity Act's odds of becoming law in 2026 rose to 28% (+6 pts/24h). Down-ballot, Michigan and Wisconsin both firmed further toward Democrats, with Abdul El-Sayed at 64% (+3 pts/24h) and David Crowley at 80% (+3 pts/24h).

Ralph Norman30%▲ 10 24hDarline Graham Nordone71%▼ 9 24h
Clarity Act (H.R.3633) signed into law in 2026?28%▲ 6 24h
Abdul El-Sayed (D)64%▲ 3 24hMike Rogers (R)36%▼ 6 7d
David Crowley (D)80%▲ 3 24hTom Tiffany (R)20%▼ 3 24h
Alexandria Ocasio-Cortez18%▼ 1 24hGavin Newsom15%▼ 2 7dJon Ossoff14%▼ 1 7dJosh Shapiro5.1%
Flávio Bolsonaro33%▲ 4 7dRenan Santos4.4%▼ 3 7dLuiz Inácio Lula da Silva64%

Economy & Crypto

Anthropic dominates the economy desk: traders give it 48% odds of the largest 2026 IPO market cap (+4 pts/24h, +22 pts/7d), closing on SpaceX's 54% (-3 pts/24h, -17 pts/7d), while odds it IPOs by October 31 reached 83% (+10 pts/24h). Its $1.75T valuation-by-year-end contract holds at 79%. Meanwhile Aligned Layer's FDV cleared $100M a day after launch at 97% odds (+9 pts/24h, +45 pts/7d), even as the $200M and $300M thresholds cooled sharply.

$100M97%▲ 9 24h$200M40%▼ 22 24h$300M12%▼ 23 24h$500M3.9%▼ 9 24h
Anthropic IPO by __? $133,330 · 24h
September 30, 202622%▲ 12 24hOctober 31, 202683%▲ 10 24hOctober 15, 202657%▼ 8 24hDecember 31, 202688%▲ 7 7d
Anthropic48%▲ 4 24hSpaceX54%▼ 3 24h
October 202668%▲ 11 24hSeptember 202620%▲ 11 24hNo IPO before 20282.1%▼ 2 24hNovember 20269%▼ 2 24h
$1B41%▲ 8 24h$500M70%▲ 3 24h$300M89%▲ 2 24h$2B17%▲ 1 24h
↑$1.75T79%▼ 4 24h↑$1.5T92%▲ 8 7d↑$2.5T48%▼ 1 24h↑$4.0T12%▲ 2 24h

Science & Tech

OpenAI's Astra model saw its sharpest repricing of the week: 58% odds of a September 15 release, up 22 points on the day and 18 on the week, with the September 30 threshold now at 84%. GPT-6 by September 30 also firmed to 36% (+12 pts/24h). Anthropic, meanwhile, remains the market's runaway pick for best model through August (98%) and September (90%).

September 1558%▲ 22 24hSeptember 3084%▲ 10 24hAugust 316.5%▼ 4 24hOctober 3188%▲ 2 24h
GPT-6 released by…? $35,660 · 24h
September 30, 202636%▲ 12 24hSeptember 15, 202626%▲ 12 24hDecember 31, 202672%▼ 8 24hOctober 31, 202656%▼ 1 24h
June 30, 202732%▲ 14 24hDecember 31, 202768%▼ 5 24h
Anthropic98%▲ 2 7dOpenAI2%▼ 1 7d
Google1.8%▼ 3 7dAnthropic90%▲ 2 7dOpenAI4.6%▲ 1 24h

Sports

At the BMW Championship, resolving within two days, Scottie Scheffler's title odds collapsed to 3% (-19 pts/24h) as Rory McIlroy surged to 18% (+12 pts/24h) — the field reshuffling as the tournament nears its close. Elsewhere, Julian Alvarez's move to Atletico Madrid cooled to 74% (-14 pts/24h) as Arsenal and Barcelona each climbed to 13%. In tennis, Jannik Sinner (36%, +3 pts/24h) edges Carlos Alcaraz (26%, +9 pts/24h) for the US Open.

Scottie Scheffler3%▼ 19 24hRory McIlroy18%▲ 12 24hWyndham Clark11%▲ 8 24hMatt Fitzpatrick8.2%▲ 5 24h
Atletico Madrid74%▼ 14 24hArsenal13%▲ 10 24hBarcelona13%▲ 5 24h
Carlos Alcaraz26%▲ 9 24hJannik Sinner36%▲ 3 24hAlexander Zverev11%▼ 3 24hBen Shelton4.2%▼ 2 24h
EWC 2026 CS2: Winner $120,488 · 24h
FURIA22%▲ 8 24hTeam Falcons27%▲ 8 24hTeam Vitality26%▲ 1 24hMOUZ12%▲ 6 7d
TEAM VISION46%▲ 2 24hTeam Yandex17%▲ 8 24hTeam Falcons3.4%▼ 8 24hBoomBoys3.4%▼ 3 24h
Elena Rybakina2.7%▼ 7 24hIga Swiatek16%▲ 4 24hAryna Sabalenka24%▼ 2 24hCoco Gauff10%▲ 1 24h

Culture

'The Odyssey' delivered the week's wildest culture swing: odds it lands in the $550-570m domestic gross band fell 19 points on the day to 70%, even after climbing 50 points over the week, as the $570m-plus tier jumped 25 points on the day to 31% — traders scrambling to reprice as the film outperforms. 'Spider-Man: Brand New Day' held steadier, with its $800-900m band at 66% (+6 pts/24h).

550 - 570m70%▼ 19 24h570m+31%▲ 25 24h
800 - 900m66%▲ 6 24h900m+34%▼ 2 24h

Consensus is a fickle thing: this week it decided Anthropic deserves SpaceX money and Scottie Scheffler doesn't deserve a trophy.

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