Online Bettors Profit Millions by Wagering Against Elon Musk's Ambitious Promises

• Online bettors are making significant profits, some in the millions, by wagering against Elon Musk's ambitious promises on prediction market platforms.
• Platforms like Kalshi and Polymarket host bets on Musk's high-profile plans, including a robotaxi service and forming a political party.
• Musk's inconsistent track record on timelines and follow-through creates opportunities for bettors to profit.
• David Bensoussan, a top Polymarket user, has earned over $36,000 on Musk-related bets and $1.4 million total by betting against his claims.
• Economics experts view these prediction markets as a 'disciplining device' for individuals making ambitious claims.

Why It Matters: Bettors are cashing in on Elon Musk's unfulfilled ambitious promises through prediction markets.