Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Trade this market → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Trade this market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Trade this market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Trade this market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Trade this market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| <$0.70T | 100% |
| $0.70-$0.80T | 0% |
| $0.80-$0.90T | 0% |
| $0.90-$1.00T | 0% |
| $1.00-$1.10T | 0% |
| $1.10-$1.20T | 0% |
| $1.20T+ | 0% |
Market context
Polymarket currently prices this contract at **100% YES**, which means traders are effectively treating Elon Musk’s Bloomberg-reported net worth on 31 July 2026 as certain to land in the market’s YES bracket. Because the market settles from the Bloomberg Billionaires Index profile and, if needed, uses the higher bracket when a value sits between ranges, the practical question is not whether Musk remains extremely wealthy, but *where* Bloomberg pins him on that date once the figure is finalised. The position is collateralised in **USDC** on **Polygon**, with the outcome represented through **conditional tokens**, so any repricing typically comes from changes in the expected Bloomberg print rather than from the mechanics of settlement itself.
The historical read-through is straightforward: Musk’s wealth has been unusually volatile this year, which makes range-based markets more about recent valuation swings than about a stable long-run trend. Bloomberg’s profile has shown Musk near **$942 billion** in late July, while other reported estimates in the same period ranged much lower, including around **$684 billion** in early August and roughly **$715.6 billion** on 27 July in Forbes’ real-time list. That spread matters for traders because a market pinned at 100% can still conceal uncertainty about the exact bracket, especially when the underlying number can move by tens of billions on a single session. [2][4][19]
For catalysts, watch the next moves in **Tesla** and **SpaceX**, since those are the dominant drivers of Musk’s paper wealth, with smaller contributions from xAI and any broader private-market repricing. New filings, financing rounds, secondary share sales, or a sharp move in Tesla’s market cap can shift Bloomberg’s estimate quickly, and the index is updated against public-market closes and private-company valuation inputs. Recent reporting has already tied Musk’s net worth to the post-IPO value of SpaceX and to swings in Tesla, so traders should focus on capital-markets headlines, not just company product announcements, when judging whether the final Bloomberg print will sit above or below the relevant bracket. [4][14]
Methodology
This page reviews Elon Musk Net Worth on July 31? across five venues. The live probability is the Polymarket mid-price, sourced directly from the on-chain Polygon order book; the comparison columns benchmark each venue on fee structure, KYC, settlement currency and payment rails. Every CTA routes to PolyGram, which mirrors the Polymarket order book at 0% fees.
Resolution & payout
Polymarket-based markets settle through the UMA Optimistic Oracle on Polygon. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution. Payouts settle automatically in USDC the moment the result is final — no bookmaker, no delay.
Kalshi-based markets settle in USD via the CFTC-regulated clearinghouse. Betfair Exchange settles in GBP/EUR net of commission. Manifold is play-money and does not pay out real funds.
FAQ
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is PolyGram. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- How does resolution work?
- Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
- What's the difference between YES and NO shares?
- A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
- What does Polymarket cost to trade?
- Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
- How fast are USDC deposits?
- Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
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