You can bet on nearly anything on Polymarket. One bet is that Elon Musk, current net worth $775 billion, will add the other $225 billion and become the world’s first trillionaire.
Betting market odds now overwhelmingly see it happening this year:
Elon Musk’s odds of becoming the world’s first trillionaire soar following the Spacex/xAI merger news. (Source: Polymarket)
The big jump occurred ahead of a potential IPO for SpaceX – which now has the twist of its merger with Musk’s xAI.
During the dotcom boom, the AOL/TimeWarner merger marked a near-perfect peak for tech stocks. AI investors should be wary about this merger and potential public IPO later this year.
But we’re not there yet! Still plenty of room for the crack-up to boom in this terrifying bull.
~ Addison
P.S. Markets appear concerned about Kevin Warsh, President Trump’s pick for the next Fed Chair. Warsh is a sound money advocate who would like to see the central bank’s balance sheet reduced. A great goal, but it would also require a more austere fiscal policy.
That’s led to some whipsaw moves in gold and silver. Gold is back over $5,000 per ounce this morning. Silver has reclaimed $90. Bitcoin, in the meantime, has slid to a fresh one-year low.
We’ll be speaking with our crypto expert Mark Jeftovic on Grey Swan Live! tomorrow at a special time, 3 PM, to look at how events are unfolding and where the next opportunities are.
If you have requests for new guests you’d like to see join us for Grey Swan Live!, or have any questions for our guests, send them here.
