Prediction markets for unlisted companies are experiencing a surge in activity as expectations for major IPOs grow. Platforms like Polymarket and Kalshi are enabling users to trade prediction contracts on potential IPO outcomes, such as valuation ranges and listing timelines. These contracts, priced in cents, settle at $1 if the predicted event occurs, offering a way for retail investors to engage with companies like SpaceX and OpenAI before they go public. As the prospect of "super IPOs" looms, these markets are capitalizing on public sentiment and investor interest, transforming IPO expectations into tradable assets. This trend is expanding the role of prediction markets in financial speculation and information pricing, leveraging both blockchain and regulated trading platforms to create short-term volatility opportunities.