Summary
Prediction markets showed a big increase in activity after President Donald Trump announced plans to release U.S. government files on UFOs and extraterrestrial life. This announcement followed comments from former President Barack Obama about aliens, which President Trump criticized.
Key Facts
- President Donald Trump announced he will direct the Defense Secretary to release government files on UFOs and extraterrestrial life.
- Prediction markets like Polymarket and Kalshi saw a spike in betting about the confirmation of aliens by 2027.
- More than $4.87 million was bet on Polymarket, while Kalshi had $5.23 million in betting volume for related questions.
- Former President Barack Obama said he believes aliens are real but clarified he has no evidence they have visited Earth.
- President Trump criticized Obama for sharing what he claimed was "classified information" about aliens.
- Trump plans to involve the Secretary of War and other agencies to identify and release information on unidentified aerial phenomena (UAP) and UFOs.
