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High-stakes bets and viral tweets dive into the frenzy sparked by Elon Musk.
If you’ve ever wondered just how much Elon Musk tweets, you’re not alone. In fact, people are wagering over $1 million every week to guess the volume of Musk’s tweets, turning his online activity into a booming prediction market.
This quirky yet lucrative trend is taking place on Polymarket, a popular platform for internet-based prediction markets. The concept? Back your opinion with money. Think Musk will tweet more than 400 times this week? Maybe even 800? Buy “shares” in your guess, and if you’re right, you could cash in.
Musk’s Tweets Spark a Market Craze
Musk’s online presence is so prolific that the weekly “Elon Musk Tweets” market has become a fixture on Polymarket. With nearly $2 million in trading volume this week alone, it’s clear that people are seriously invested in tracking his posts.
This week’s market closes January 17, and bettors are busy analyzing his tweet patterns. Discussions on the platform resemble sports commentary, with users breaking down the math and predicting spikes in activity tied to Musk’s projects, such as SpaceX’s Starship Flight 7 launch scheduled for January 15.
One user, “Rogu,” noted, “To hit 400+ tweets, he’d need to average 65 per day for the rest of the week. That’s not impossible, especially with the upcoming Starship test flight.”
How Does It Work?
Polymarket lets users place bets, or more accurately, buy shares, on their predictions. The number of tweets Musk posts this week could range from 300 to 550+ in 25-tweet increments, with payouts depending on the accuracy of the guesses and the number of shares held.
While the winnings may not match the trading volume, the activity speaks to the excitement and engagement Musk generates online. His influence extends far beyond tech and space – even into speculative markets.
Betting Beyond Tweets
It’s not just about Musk’s tweets. Competitors like Kalshi also host a variety of markets centered around Musk, from predictions about his future net worth to his role in upcoming global events. The sheer variety shows just how deeply the world is captivated by the billionaire entrepreneur’s every move.
Elon should pay up if this is accurate.
$1M lost bet is to him what $20 is to someone with $100k net worth. pic.twitter.com/AhIXNA8kNu
— Anatoly Karlin 🧲💯 (@powerfultakes) January 15, 2025
Why Does It Matter?
Prediction markets like Polymarket and Kalshi are gaining traction as a fun and innovative way to interact with current events. Whether you’re betting on a SpaceX launch, cryptocurrency trends, or Musk’s next social media spree, these platforms are reshaping how people engage with news and trends.
