---
title: "Will a party founded by Elon Musk contest the 2028 U.S. presidential election?"
canonical_url: https://betcrypto.now/events/will-a-party-founded-by-elon-musk-contest-the-2028-us-presidential-election
status: live
kickoff_at: 2028-09-01T00:00:00+00:00
trading_closes_at: 2028-09-08T14:00:00+00:00
total_volume_usd: 2976.44
venues: ["Kalshi"]
categories: ["Politics"]
prices_as_of: 2026-10-09T11:41:05+00:00
publisher: BetCrypto
data_api: https://betcrypto.now/api/v1/events/will-a-party-founded-by-elon-musk-contest-the-2028-us-presidential-election
---

# Will a party founded by Elon Musk contest the 2028 U.S. presidential election?

Live · kickoff 2028-09-01 00:00 UTC · $2,976 traded · listed on Kalshi

## About

If a party founded by Elon Musk contests the 2028 U.S. presidential election by having at least one candidate officially on the ballot before Sep 1, 2028, then the market resolves to Yes.

A party "contests" an election if they have at least one candidate on the official ballot under the party name, participate in a formal coalition on the ballot, or have officially endorsed candidates with clear party affiliation. The party does NOT contest if they only endorse other parties' candidates, announce a boycott, fail to meet ballot access requirements, or only challenge results after voting without having participated. For multi-round elections, appearing on any round's ballot counts. For federal systems, contesting in any state/province counts for the federal election. If the election is postponed but occurs within one year, the contract remains valid. If cancelled or not held within one year, the market resolves to No.

_From Kalshi's listing._

## Main market

| Outcome | Probability | Cheapest | Kalshi |
|---|---|---|---|
| No | 90% | 92¢ on Kalshi | 92¢ |
| Yes | 10% | 13¢ on Kalshi | 13¢ |

## Open on a venue

- [Kalshi](https://betcrypto.now/go/e/416?via=md)

---

Probability is the cross-venue consensus (book midpoints, 0–100%). Venue columns are what buying costs there (the ask). Prices move constantly; re-check at the canonical URL or https://betcrypto.now/api/v1/events/will-a-party-founded-by-elon-musk-contest-the-2028-us-presidential-election.

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