Meta considered buying Kalshi before developing its own prediction market app

Left: Meta CEO and Chairman Mark Zuckerberg arrives at Los Angeles Superior Court in February. Right: Tarek Mansour, co-founder of Kalshi, at the Semafor World Economy Summit in April.

Mark Zuckerberg met with Kalshi’s CEO last year about a potential deal, but talks did not move forward. Now Meta is making its own prediction market app.

(Image credit: Patrick T. Fallon/AFP and Aaron Schwartz/Bloomberg via Getty Images)