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Kalshi CEO confirms early IPO discussions and rules out 2026 listing

Funding

Kalshi chief executive Tarek Mansour said the company is considering an IPO but will not go public in 2026, describing the discussions as early-stage. A fundraising round targeting a $40 billion valuation was reported, while Kalshi’s last stated valuation was $22 billion after a $1 billion Series F in March. Mansour gave no listing date beyond saying a 2026 debut was ruled out.

Potential fundraising and IPO plans may affect investor assessments of Kalshi’s financing and ownership prospects.

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