How Kalshi Fabricated an xAI Partnership That Never Existed

This story was originally published on HackerNoon at: https://hackernoon.com/how-kalshi-fabricated-an-xai-partnership-that-never-existed . Kalshi falsely claimed a partnership with Elon Musk’s xAI, prompting denials, a Bloomberg retraction, & major trust concerns for the prediction market platform. Check more stories related to tech-companies at: https://hackernoon.com/c/tech-companies . You can also check exclusive content about #xai-partnership , #kalshi , #xai , #elon-musk , #prediction-markets , #corporate-communications , #cftc , #good-company , and more. This story was written by: @jonstojanjournalist . Learn more about this writer by checking @jonstojanjournalist's about page, and for more stories, please visit hackernoon.com . Kalshi falsely announced a partnership with Elon Musk’s xAI, leading to public denials by X and xAI, a Bloomberg retraction, and major credibility fallout. The incident raises concerns over Kalshi’s corporate practices amid heightened regulatory scrutiny and damages trust in its prediction market operations.