Elon Musk, CEO of Tesla, reaches 41% probability of founding a new party

Source
Son Min

Summary

  • According to Kalshi, a decentralized U.S. prediction platform, the probability that Elon Musk will create a new political party this year has soared to 41%.
  • This is interpreted as being caused by deteriorating relations with President Trump, and it is reported that the resulting political uncertainty may affect related stock and crypto asset markets such as Tesla.
  • The point that Elon Musk has called for the creation of a new political party to represent 80% is highlighted as a key variable for future investment decisions.

This year, it has been observed that the likelihood of Elon Musk, Tesla's Chief Executive Officer (CEO), forming a new political party has surged.

According to Kalshi, a decentralized U.S. prediction platform, the probability that Elon Musk will form a new political party this year has soared to 41%.

This development is interpreted as a result of the further deterioration of relations between Donald Trump, the President of the United States, and Elon Musk. Previously, Musk criticized the 'Trump Budget,' which contains President Trump's tax cut policies, saying it is a bill that 'makes the U.S. a slave to debt.' President Trump, when asked if Musk should be deported, responded, 'It needs to be considered.'

Meanwhile, Elon Musk has previously proposed the establishment of a new party to represent 80%.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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