Online Bettors Profit Millions by Wagering Against Elon Musk's Ambitious Promises
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News18•25-01-2026, 22:51
Online Bettors Profit Millions by Wagering Against Elon Musk's Ambitious Promises
- •Online bettors are making significant profits, some in the millions, by wagering against Elon Musk's ambitious promises on prediction market platforms.
- •Platforms like Kalshi and Polymarket host bets on Musk's high-profile plans, including a robotaxi service and forming a political party.
- •Musk's inconsistent track record on timelines and follow-through creates opportunities for bettors to profit.
- •David Bensoussan, a top Polymarket user, has earned over $36,000 on Musk-related bets and $1.4 million total by betting against his claims.
- •Economics experts view these prediction markets as a 'disciplining device' for individuals making ambitious claims.
Why It Matters: Bettors are cashing in on Elon Musk's unfulfilled ambitious promises through prediction markets.
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