Kalshi CEO says prediction market thinking about IPO, but not for this year
Prediction market platform Kalshi's CEO Tarek Mansour confirmed the company is in the early stages of planning a potential IPO in an appearance on CNBC's " Squawk Box ." Mansour said a public markets debut of the company won't come this year, but that it makes sense for Kalshi at this stage of its growth to begin thinking about an IPO. "A company of our financial profile with the rate of growth that we're seeing, that sort of conversation has to happen," he said. "People start asking that question. And we're basically thinking about it, but obviously, we don't have an answer yet." The Information reported last week that Kalshi was in early talks for a potential IPO, though noted that a listing was unlikely to come until late 2027 or 2028. Mansour on Wednesday did not get specific with a timeline beyond stating that an IPO won't happen in 2026. Kalshi has experienced huge growth over the past year. At the end of June 2025, the c...
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