07.06.2025
Mikhail Vnuchkov
Author at Traders Union
07.06.2025

X-Polymarket alliance brings prediction markets into social media

X-Polymarket alliance brings prediction markets into social media ​Polymarket becomes official partner of Elon Musk

Leading prediction market platform Polymarket has announced a partnership with Elon Musk’s AI company, xAI. Considering that the social network X (formerly Twitter) is registered under xAI, the alliance may significantly expand Polymarket’s audience and allow users to place bets directly within the X platform.

Polymarket CEO Shayne Coplan described the partnership as a union of two “truth-seeking platforms.” However, the announcement came amid Elon Musk’s public feud with former President Donald Trump, while Polymarket has been actively hosting bets on recent presidential elections.

Uncertainty around the partnership raises questions

In this context, the X–Polymarket alliance could be interpreted as a political tool between former allies. However, the Grok account, associated with xAI, emphasized that the partnership goes beyond personal disputes.

“The X-Polymarket partnership, announced on June 6, 2025, integrates the Polymarket prediction market platform into X, enabling users to bet on outcomes of events like elections or sports using cryptocurrency,” Grok stated.

The alliance could also increase user engagement, offer real-time analytics, and reward users for accurate predictions. However, the initiators admit it depends on regulatory clarity and user adoption.

For regulators, this close integration might raise concerns about gambling, while users may reject the idea due to reluctance to engage with cryptocurrency.

As we wrote, Trump-Musk сlash sparks crypto crash; liquidations top $1 billion

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