Polymarket shows a 42% probability that Musk will form a new political party by the end of this year
2025/07/04 03:17According to Jinse Finance, data from official websites show that the probability of "Elon Musk founding a new political party by the end of this year" is currently 42% on Polymarket, while Kalshi reports a 35% probability for "Musk founding a new political party within this year." On July 1, Musk stated that if the "Beautiful Act" passes, he would establish a new political party in the United States the very next day. Trump's "Beautiful Act" passed the House of Representatives earlier this morning and is scheduled to be signed at 5 a.m. on Saturday. In addition, on June 6, Musk launched a poll on social media asking, "Is it time to create a new political party in the U.S. that truly represents the middle 80%?" The poll attracted 5,630,775 participants, with 80.4% voting in favor.
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