**The relationship between Kendall Jenner and Jacob Elordi remains relatively new and progressing at a measured pace, supporting the 63% market-implied probability on “No” for an engagement in 2026.** They first sparked dating rumors in early 2026 and made things official around June, with recent confirmed public appearances—including PDA hand-holding in August and supportive outings at Milan and Paris Fashion Week in September—showing the romance is steady and affectionate. However, October 2026 insider reporting emphasizes they are “not rushing into something that serious,” with Elordi temporarily staying at Jenner’s while house-hunting solo rather than pursuing joint living arrangements or deeper commitments. No official statements, proposals, or announcements of engagement have surfaced, and the couple has avoided accelerating timelines despite positive “husband material” speculation from unnamed sources. With only weeks left in the year and a history of deliberate pacing in Jenner’s relationships, traders see limited runway for a 2026 resolution.