Elon Musk’s X platform just announced that it is joining forces with Polymarket, a popular crypto-based prediction market. The news was revealed in a short post: “We’re joining forces with Polymarket as our official prediction market partner.”
Polymarket lets users bet on the outcomes of real-world events using cryptocurrency. From politics to global affairs, users place wagers on what they think will happen, with money on the line.
According to the press release, a new product is launching that will bring together Polymarket’s forecasts, Grok’s AI insight, and real-time posts from X. This new product is reportedly designed to give users instant explanations of any market move with the help of data and live content.
PolyMarket defined this partnership as “a new chapter for truth on the internet. According to the CEO Shayne Coplan “Combining Polymarket’s accurate, unbiased, and real-time prediction market probabilities with Grok’s analysis and 𝕏’s real-time insights will enable us to provide contextualized, data-driven insights to millions of Polymarket users around the world instantaneously”.
Coplan also praised this move in a tweet: The two top truth-seeking apps on the internet are stronger together. Welcome to News 2.0.”
The details of the agreement have not been made public, but but parties plan to invest heavily in the integration. New tools and application is expected to roll out in the coming months.
This partnership is one of a kind following the fact that both firms are from different sectors. Even Polygon and Moonplay reacted to the news.
In a short tweet, Moonplay said, “a crypto-native prediction market has partnered with one of the largest social media platforms in the world. THIS IS SERIOUSLY HUGE.” Polygon also reacted to the this post positively.
Musk has also been a fan of prediction markets, he praised them for being more accurate than polls. In an October 2024 post on X, he wrote, “Trump now leading Kamala by 3% in betting markets. More accurate than polls, as actual money is on the line.”
During the 2024 U.S. election, Polymarket saw a surge in attention, especially when a French bettor reportedly made $80 million on election outcomes. In April 2025, Polymarket launched over 7,000 new markets, which is a 20% increase from March. However, user activity has slightly dropped, with fewer addresses placing trades.
Even so, Polymarket still remains the largest platform of its kind, with billions in total bets and a growing influence across crypto and news audiences.
Also Read: Polymarket Sees $120K as Prime Target for Bitcoin Price in 2025
