Tarek Mansour, the CEO and co-founder of Kalshi, turned heads twice this spring with his use of the word “truth” on the social media site X.
On March 30, as his company — the boldest prediction-market operator in terms of branching out aggressively into legally gray territory — began taking its right to offer sports event contracts to the courts, Mansour wrote, in defense of prediction markets: “They are the quintessential truth machines.”
And on May 20, in a since-deleted post temporarily announcing the supposed (but ultimately inaccurate) news that Kalshi had partnered with xAI, Mansour delivered these words: “No one has fought for truth harder than Elon Musk.”
