Story perspectives

Bettors Profit from Skepticism on Elon Musk's Ambitions

1/25/2026

Summary

Story summary

Online prediction markets like Kalshi and Polymarket have gained traction as bettors wager against Elon Musk's ambitious projects.
Bettors, including David Bensoussan, have profited by predicting Musk's failures, such as his robotaxi plans.
Bensoussan has earned over $1.4 million on Polymarket by betting against Musk's claims.
The markets reflect skepticism about Musk's timelines and ambitions, contrasting with optimism in traditional stock markets.

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Story summary

Online prediction markets like Kalshi and Polymarket have gained traction as bettors wager against Elon Musk's ambitious projects.
Bettors, including David Bensoussan, have profited by predicting Musk's failures, such as his robotaxi plans.
Bensoussan has earned over $1.4 million on Polymarket by betting against Musk's claims.
The markets reflect skepticism about Musk's timelines and ambitions, contrasting with optimism in traditional stock markets.