This market will resolve to "Yes" only if the acquisition transaction formally closes, meaning that all required transactions have occurred.
Definition of acquisition:
This market will resolve yes as long as Elon controls 50% or more of Polymarket's equity.
If a company Elon owns a controlling stake in acquires Polymarket then this market will resolve to Yes.
Initial closing date:
If no credible expression of intent from Elon Musk to acquire Polymarket is reported by major news outlets (such as Bloomberg, Reuters, or WSJ) before 11:59 PM PST on December 31, 2025, the market will resolve to "No."
Extended closing date (Upon Intent):
If the intent to acquire Polymarket is expressed by Elon Musk before the initial closing date then the market will extend to 11:59 PM PST on December 31, 2026, allowing time for the deal to close. This could include him posting to X, credible journals reporting talks/interests behind the scenes, or other sufficient evidence. If the reports turn out to be false the closing date will be extended regardless. The market will resolve to NO at the end of 2026 if the acquisition transactions hasn't taken place regardless of any ongoing negotiations, lawsuits, etc.