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Market News

Trump Leads Harris by 12% Post-Rally with Elon Musk

Written By Iyiola Adrian
Fact Checked by Jahnu Jagtap
Published 2024-10-07·Updated 2 years ago
Make The Crypto Times preferred on GoogleGoogle
Trump Leads Harris by 12% Post-Rally with Elon Musk

Former President Donald J. Trump has surged to a 12% lead over Kamala Harris following the recent Oct. 5 rally in Butler, Pennsylvania, where he was joined onstage by Elon Musk, the billionaire head of Tesla and SpaceX. 

The competition between Trump and Harris had been going neck to neck for almost a month since their debate. However, Trump currently has a 56% chance of winning the election with voters’ support of $340,102,006, while Harris stands at 44% with $270,635,307 worth of votes

Polymarket's Twitt
Source: X

The rally was held at the same venue where Trump narrowly escaped an assassination attempt on July 13.

According to a previous report, Elon Musk stepped onto the stage to a roaring crowd, lifting his arms and energetically jumping in the air, which drew cheers from the audience. He wore a black MAGA cap and proclaimed, “As you can see, I’m not just MAGA, I’m dark MAGA,”

This endorsement from Musk started shortly after the assassination attempt. During the rally, Trump said that his experience from the attack “did not break our spirit”.

Harris is currently ahead of Trump in several polls, including one in Pennsylvania, where the margin is just 0.6 points. However, Musk’s appearance at the rally seems to have changed the dynamics in favor of Trump.

In addition, MAGA token also favoured from the endorsement. The token saw a 20% surge on the day of the rally to $3.4. Right now, the token is trading at $4.62, a 63% increase since the rally with a market cap of $203k.

Also Read: Dan Gallagher Considered for Next SEC Chair if Trump Wins

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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