Meta CEO Mark Zuckerberg met with Kalshi's CEO last year to discuss a potential acquisition. However, the negotiations did not progress, and Meta has since decided to develop its own prediction market application.
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Meta Explores Acquisition of Kalshi Before Launching Own Prediction Market App
Meta's CEO Mark Zuckerberg engaged in discussions with Kalshi's CEO regarding a possible acquisition last year, but the talks did not advance. Subsequently, Meta opted to create its own prediction market app.
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Meta
Kalshi
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Mark Zuckerberg
Tarek Mansour
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Original Headline
Meta considered buying Kalshi before developing its own prediction market app
Neutral Headline
Meta Explores Acquisition of Kalshi Before Launching Own Prediction Market App