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A weekend endorsement from Elon Musk has helped Donald Trump widen his lead over Vice President Kamala Harris in Polymarket’s betting odds for the 2024 US presidential race.
After the Tesla and SpaceX founder publicly backed Trump at an election rally, the former president now leads Harris by 4.8 percentage points on the platform.
“As you can see, I’m not just MAGA, I’m dark MAGA,” Musk said at the rally while wearing a ‘Make America Great Again’ hat. “The other side wants to take away your freedom of speech. They want to take away your right to bear arms. They want to take away your right to vote.”
ELON AT TRUMP’S RALLY: FULL VIDEO AND TRANSCRIPT
"Hi everyone.
As you can see, I'm not just MAGA, I'm dark MAGA.
First of all, I want to say what an honor it is to be here.
You know, the true test of someone's character is how they behave under fire.
And we had one… pic.twitter.com/WIPY6yKsdr
— Mario Nawfal (@MarioNawfal) October 6, 2024
Trump’s chances of retaking the White House have risen 1.4 percentage points while Harris’s odds are down 1.3 percentage points.
Musk added that he believes Polymarket odds are more accurate than polls because ”actual money is on the line.”
Elon Musk Endorsement Boosts Trump Meme Coins As Harris Tokens Plunge
Trump meme coins also surged after Musk appeared at the rally, while Harris and Biden-themed cryptos fell.
MAGA (TRUMP) soared 19.5%, MAGA (MAGA) jumped 13.3% and Super Trump (STRUMP) surged 15.5%. Meanwhile, Jeo Boden (BODEN) slumped 12.2% while Kamala Harris (KAMA) tumbled 2.5%
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