Elon Musk’s X Names Polymarket as Official Prediction Market Partner

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.  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.