Elon Musk's X names Polymarket as official prediction market partner
Musk previously stated that Polymarket was more accurate than traditional polls.
Key Takeaways
- X has partnered with Polymarket as its official prediction market partner.
- In May, xAI was said to have joined forces with Kalshi to provide predictive insights powered by AI for those betting on real-world events.
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X, Elon Musk’s social media platform, is teaming up with prominent prediction marketplace Polymarket, the team announced on X on June 6. Specifics of the collaboration have not been made public.
we’re joining forces with Polymarket as our official prediction market partner@X 🤝 @Polymarket
— X (@X) June 6, 2025
Commenting on X’s announcement, Polymarket called the move a major step toward bringing transparent, market-based forecasting into the mainstream.
“The future of news is optimized for truth, rooted in transparency, and anchored in reality,” the prediction platform wrote on X.
“The two top truth-seeking apps on the internet are stronger together,” said Polymarket CEO Shayne Coplan in a statement. “Welcome to News 2.0.”
The announcement follows earlier Bloomberg reporting that Musk’s artificial intelligence company xAI was partnering with prediction marketplace Kalshi to provide AI-powered information for betting on multiple event outcomes.
According to the Bloomberg report, xAI would process news articles and historical data to provide insights for Kalshi users betting on real-world events, including central bank decisions, political races, and global affairs. The AI model, trained partially on content from X, would deliver real-time context reflecting current sentiment and long-term trends.
Both companies plan to commit “significant engineering resources” to developing the partnership, the report indicated.
Elon Musk has publicly expressed his belief that prediction markets, particularly Polymarket, offer a more reliable gauge of public sentiment than traditional polling methods.
In October 2024, Musk posted on his platform X, stating:
“Trump [is] now leading Kamala by 3% in betting markets. More accurate than polls, as actual money is on the line.”
He reiterated this sentiment during a Trump campaign rally, arguing that markets where participants risk their own capital, like Polymarket, better reflect real-world expectations than conventional opinion surveys.
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