Skip to content
Wednesday, 4 November 2026
Inspire.News

Unveiling truth, one story at a time

Its Investors Say Kalshi Is Worth $40 Billion. Is an I.P.O. Next?

Its Investors Say Kalshi Is Worth $40 Billion. Is an I.P.O. Next?
Image: The New York Times - Business

The prediction market raised $1 billion in a new funding round and landed a market value almost double that of rival Polymarket. But legal challenges to its business persist.

Full story

Continue reading this story on The New York Times - Business, the publisher that reported it.

Read the full story at The New York Times - Business ↗

AI tools

Written by AI from the article text. It can make mistakes; check the original story.

Topics in this story

More from Business

See all