“Scoop: Kalshi has surpassed $4 billion in annualized revenue, doubled from just two months ago, as it seeks fresh funding at a $40 billion valuation.”

x · Aug 10 · Kalshi's revenue doubles to $4B annualized as it seeks $40B valuation

“It's also been spending heavily on marketing and faces potential state taxes in some of its biggest markets”

x · Aug 10 · Kalshi's revenue doubles to $4B annualized as it seeks $40B valuation