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Trump’s Odds Rise to 51% on Polymarket After Elon Musk Rally

Trump’s Odds Rise to 51% on Polymarket After Elon Musk Rally

CryptotimesCryptotimes2024/10/07 06:21
By:Ronak Kumar

At the rally, Musk urged support for Trump, calling the election vital and criticizing Democrats for threatening free speech and rights.

Donald Trump is gaining ground in his race against Kamala Harris, increasing his odds by 3 percentage points on Polymarket, a prediction platform. After his rally in Butler, Pennsylvania, where he appeared with billionaire Elon Musk, Trump now has a 51% chance of winning, while Harris stands at 48%.

During the rally, Musk urged supporters to back Trump, emphasizing the significance of the upcoming election as “the most important election of our lifetime.” He criticized the Democrats, claiming they threaten free speech and constitutional rights. Musk’s endorsement appears to have energized Trump’s base, reflecting in the latest Polymarket figures.

Trump’s Odds Rise to 51% on Polymarket After Elon Musk Rally image 0 Source: X

Musk, said, “Yeah, absolutely. And I think this election, I think the most important election of our lifetime. This is no ordinary election. The other side wants to take away your freedom of speech.” 

At the rally, Trump highlighted his resilience since surviving an assassination attempt in Butler, asserting that the gunman “did not break our spirit.” He reiterated his commitment to making America great again and claimed the Democratic Party seeks to undermine American values.

The rally attracted tens of thousands of supporters, who chanted “Fight, fight, fight,” echoing Trump’s post-shooting sentiments from July when a supporter was tragically killed. The event showcased Trump’s characteristic rhetoric on immigration, crime, and the 2020 election, despite ongoing controversies surrounding his claims.

As the election campaign heats up, the race remains tightly contested. Harris currently leads Trump in several polls, with Pennsylvania showing an average margin of just 0.6 points. 

However, Musk’s involvement at the rally may have shifted the dynamics in Trump’s favor, highlighting the influence of high-profile endorsements in a closely watched election season.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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