Will Lucid File for Bankruptcy in 2026? Crypto Prediction Market Raises the Odds Despite EV Maker's Denial

Cryptocurrency bettors sharply increased the odds that Lucid Group Inc. (NASDAQ: LCID ) might file for bankruptcy this year, despite the company denying such rumors.

Prediction Markets Bet On Firm Failures Polygon (CRYPTO: POL) -based Polymarket currently prices at 46% odds, up 9 percentage points in a day, and 12 percentage points from last week.

The jump in possibility followed a report that the California-headquartered company is considering going private or filing for Chapter 11.

Lucid dismissed the report as “false,” adding that it hasn’t formed any special Board committee to explore such scenarios.

Read Also: Trump Wants Greenland, Kharg Island and Canada: Prediction Market Bettors Weigh His Odds Beyond Meat Also At Risk? Beyond Meat Inc. (NASDAQ: BYND ) is estimated to have a 35% chance of filing for bankruptcy before the year ends.

The plant-based meat company reported a sharp drop in revenue in the first quarter, as it faced falling U.S. demand and supply chain problems.

The stock price has fallen below $1, triggering a deficiency warning from the Nasdaq regarding the minimum bid price rule.

Workhorse Group Inc. (NASDAQ: WKHS ) and Xerox Holdings Corp. (NASDAQ: XRX ) carried odds of 30% and 23%, respectively.

Price Action: Lucid shares traded down 3.92 in pre-market trading after closing 16.15% lower at $4.62 during Tuesday’s regular trading session.

Year-to-date, the stock has collapsed 56%.

Edge Stock Rankings show LCID stock maintaining weaker price trends over the short, medium, and long term, with a poor value score Read Also: Michael Saylor's Strategy To Go Bankrupt This Year? Crypto Punters Aren't Betting On That Outcome Despite Bitcoin Sale Photo courtesy: Shutterstock