President Donald Trump heaped praise on Elon Musk as the billionaire businessman ends his limited advisory role with the Trump-created Department of Government Efficiency.

Polymarket bettors have wagered $1.8 million across markets tracking the political fallout from the Trump-Musk split. Here is what the odds say about 2026.

The Trump administration's cancellation of more than $100 million in humanities grants to scholars, writers, research groups and other organizations was unconstitutional, and the Department of Government Efficiency had no authority to end the funding,