Cryptocurrencies

Musk’s X Selects Polymarket as Prediction Market Partner

Teaming up with Polymarket could advance Musk’s goal of transforming X into an “everything app” that combines social media and payments.

Photographer: Gabby Jones/Bloomberg

Elon Musk’s X and the cryptocurrency-based predictions market platform Polymarket are partnering to provide data-drive insights and recommendations derived from posts on the social media site to the predictions platform.

Terms of the agreement weren’t disclosed. The partnership will begin by launching a joint product and aim to release a suite of similar services to users of both platforms, according to a statement from Polymarket on Friday. The venture will incorporate Grok, the AI chatbot developed by xAI, Musk’s artificial intelligence company.