On Polymarket, traders have wagered nearly $2.4 million on whether Perplexity AI will be acquired by the end of 2026. The current implied probability of such a deal is estimated between 13% and 15%.
Perplexity AI, founded in August 2022, has raised over $1.5 billion. By late 2025, the company's valuation climbed past $20 billion, more than doubling the $9 billion valuation reported during a $500 million funding round that closed in late 2024.
While reports have suggested interest from Apple and Meta, the company has denied any active acquisition discussions. CEO Aravind Srinivas has consistently stated that independence is the preferred path forward.
The company has publicly indicated a target for an IPO in 2028. This timeline suggests that any potential acquirer would need to act quickly and pay a premium exceeding the expected IPO valuation.