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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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