SimpleFunctions
Winner-take-all answer·3 source contracts·Kalshi 3·refreshed just now·Closes Jan 1, 2027 · 132d

Will xAI release Grok 5 before Jan 1, 2027

Leader sits at 68% across 3 bound outcomes, runner-up at 5%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

68%

Before 2027

runner-up 5¢leader 68¢

Outcomes

3

winner-take-all

Runner-up

Before October

Spread

63pp

dominant leader

24h volume

$987

thin orderbook

Closes

Jan 1, 2027

132 days

Venue

Kalshi

3 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayBefore 2027: 68% (26 days, 15 points)Before 2027: 68% on 2026-08-20Before October: 5% (26 days, 26 points)Before October: 5% on 2026-08-21Before September: 4% (26 days, 8 points)Before September: 4% on 2026-08-13
Before 202768¢Before October5¢Before September4¢
Top 3 candidates by current price · 26d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

The current 77% probability reflects market expectation that xAI will release Grok 5 before January 1, 2027—roughly 6 months from now. This high confidence is likely driven by xAI's demonstrated release cadence and Elon Musk's public development timelines, though the notably lower 55% probability for an October 1 release suggests meaningful uncertainty about whether the timeline compresses further. The primary driver of this probability level is xAI's stated product roadmap and historical release velocity; it could shift significantly if the company publicly commits to or delays a specific launch date, or if technical challenges emerge during development. The October 1 contract serves as the key near-term catalyst—if Grok 5 launches before then, the January contract would likely approach 100%, while a miss could force downward repricing.

  • xAI has not publicly announced a specific Grok 5 release date; any official commitment would materially inform market pricing
  • The 22-point gap between October (55%) and January (77%) reflects belief in plausible delivery within the 6-month window but uncertainty about the 3-month accelerated timeline
  • Release velocity of prior Grok versions and Musk's historical track record on announced timelines are embedded in current pricing
  • No major technical or funding obstacles have been publicly disclosed that would prevent a late-2026 release
  • The 24h volume on the January contract ($6) is substantially lower than the October contract ($781), suggesting the October date is the more liquid, closely-watched milestone

What moved the line

  • Aug 20Before 20273pp6568¢ · Kalshi

Recently closed in general

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

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How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

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