Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Trump Prediction) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| <$0.70T | 100% |
| $0.70-$0.80T | 0% |
| $0.80-$0.90T | 0% |
| $0.90-$1.00T | 0% |
| $1.00-$1.10T | 0% |
| $1.10-$1.20T | 0% |
| $1.20T+ | 0% |
Market context
Elon Musk’s reported wealth is the real-world driver behind this market, and the current **100% YES** reading implies traders are effectively treating a July 31, 2026 Bloomberg print as a formality rather than a live contest. Bloomberg’s billionaire profile still places Musk at about **$942 billion**, while other late-July reports put him much lower, with Forbes around **$695.7 billion** and Bloomberg-linked commentary describing a sharp post-peak reversal from earlier June highs.[2][9][4]
For context, the main lesson from previous Musk-won-wealth markets is volatility: his net worth has repeatedly swung by tens or even hundreds of billions on changes in Tesla and, especially, SpaceX valuations. That makes the settlement bracket highly sensitive to any late-month repricing, and the exact Bloomberg figure on the cut-off date matters more than headline “richest person” coverage.[2][1][7]
The catalyst to watch is whether any fresh valuation update, secondary sale, or company announcement shifts the Bloomberg index before month-end, with SpaceX and Tesla both the key dependencies. Recent reporting has already tied the 2026 swing to SpaceX’s post-IPO repricing and Tesla weakness, while late-July coverage noted Musk was already below the trillion-dollar level and still moving sharply day to day.[4][9][16]
Methodology
This page tracks Elon Musk Net Worth on July 31? across four political prediction venues. Live odds come from the Polymarket order book (the deepest political prediction-market book). Kalshi is the CFTC-regulated US alternative, Betfair the established UK sports-exchange with politics markets, Manifold the open play-money variant. For users geo-blocked from Polymarket directly, brokers like Trump Prediction provide a 0%-fee route into the same order book.
Resolution & payout
Political markets typically settle on official candidate or agency confirmation. Polymarket uses UMA Optimistic Oracle: a proposer posts the outcome with a bond, the two-hour window opens, then the smart contract pays USDC.
Kalshi settles USD via CFTC clearinghouse, with clearly defined resolution sources (e.g. AP race calls for elections). Betfair settles after the official outcome is registered with the league or agency. Manifold is play-money.
FAQ
- How accurate are political prediction markets?
- Historically more accurate than polls. Polymarket's Brier score on US 2024 elections was ~0.11 — better than 538 (~0.14) and every mainstream poll. Markets aggregate information with real skin in the game.
- What resolution source is used for elections?
- Polymarket defines the source per contract — usually Associated Press (AP Race Call), Reuters or the official electoral commission. The source is stated in contract details before the market opens.
- Are political prediction markets legal in my country?
- It varies. They sit in legal gray areas in most jurisdictions. Polymarket is geo-blocked from US/UK/EU; some broker frontends have a different geo footprint. Trade only with capital you can afford to lose, and only if you understand the legal status in your jurisdiction.
- Why do Polymarket and Kalshi differ on elections?
- Kalshi must follow CFTC compliance — strict definitions, clear resolution sources, US citizens only with KYC. Polymarket operates globally without CFTC oversight — deeper liquidity, but also higher regulatory risk.
- Which political events have the biggest volume?
- US Presidential election, party nominations (DNC/RNC), Senate majorities, individual state outcomes (Pennsylvania, Michigan, Wisconsin), and major European elections. Peak markets reach $50-500M per event.
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