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Polymarket Partners Up With Elon Musk's xAI

Shayne Coplan, the prediction market's CEO, said that the two "truth-seeking apps" would be stronger together.

Updated Jun 6, 2025, 4:00 p.m. Published Jun 6, 2025, 3:53 p.m.
Shayne Coplan, CEO, Polymarket, speaks at Consensus 2024. (Shutterstock/CoinDesk).
Shayne Coplan, CEO of Polymarket, speaks at Consensus 2024. (Shutterstock/CoinDesk).

What to know:

  • Polymarket and Elon Musk's AI firm xAI announced a partnership, making Polymarket the official prediction market partner for xAI and X.
  • Shayne Coplan, CEO of Polymarket, highlighted the collaboration as a union of two leading truth-seeking platforms.
  • The announcement followed a public disagreement between Musk and President Trump over national debt and a new spending bill.

Crypto prediction market Polymarket and Elon Musk-led artificial intelligence (AI) firm xAI — which owns X, the social media platform formerly known as Twitter — announced a partnership on Friday.

Proud to announce Polymarket's partnership with X and xAI as their Official Prediction Market Partner," Shayne Coplan, the prediction platform's CEO, posted on X.

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"The two top truth seeking apps on the internet are stronger together," he added.
"Welcome to News 2.0."

The official X account confirmed the deal with a tweet of its own.

At press time, no other details of the arrangement were shared.

The announcement comes a day after Musk and U.S. President Donald Trump very publicly fell out over the national debt and the GOP's attempts to pass a new spending bill.

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