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Hannah Collymore

Kalshi CEO says IPO is off the table in 2026

Kalshi CEO Tarek Mansour has confirmed the prediction-market operator will not go public this year, even as annualized revenue has exceeded $2 billion and its private valuation stands at $22 billion, according to reports. The company has held informal conversations with investment banks about a future listing. People familiar with Kalshi’s finances say an IPO is unlikely before late 2027 or early 2028.
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