This market will settle as YES if Donald Trump wins the election and announces that Elon Musk is nominated to a cabinet position by February 28, 2025. Trump must say what the position is; a general expression that Musk will be in the cabinet will not count. "The cabinet" means one of the 15 heads of government agencies, or a role designated as cabinet-level.
If the Republican ticket loses the election, this market will settle as N/A. If the Republican ticket wins but Donald Trump is not able to fulfill his duties, then the market will be resolved based on whether whoever the next president is nominates Musk.
That being said, Musk will not be in the Cabinet.
Trump said: “He doesn’t want to be in the Cabinet, he just wants to be in charge of cost-cutting. We’ll have a new position, secretary of cost-cutting, Elon wants to do that.”
@WilliamKiely "should have been higher" assuming the current 25% is the right price, which I don't know.