Trump tops Kamala on Polymarket with Musk's support

By Daniele Corno

With Elon Musk's support, Trump overtakes Kamala Harris on Polymarket, but faces crucial challenges in Nevada

Make America great again, Elon Musk in support of Donald Trump

Donald Trump has gained a 3 percent lead over Kamala Harris on Polymarket, a decentralized global event forecasting platform.

The odds of victory for the former president have now risen to 51 percent, while Kamala Harris is stuck at 48 percent.

Trump now leading Kamala by 3% in betting markets. More accurate than polls, as actual money is on the line. https://t.co/WrsqZ2z8pp

— Elon Musk (@elonmusk) October 7, 2024

This momentum continues after Elon Musk massively used his X (formerly Twitter) profile to express his support. Musk called Polymarket’s predictions “more accurate than traditional polls”, as they are based on real user investments.

In addition, the Tesla CEO and owner of X, updated his caption stating, “Read America to understand why I’m supporting Trump for President, ” publicly demonstrating his support for the former president with a message aimed at an audience of more than 200 million users.

Nevada remains crucial to Trump's victory

Despite his nationwide advantage, Trump is at a disadvantage in Nevada, a state that could prove decisive. However, the alliance between Musk and Trump is gaining media attention, which can influence voters’ opinions.

Musk ‘s belief that prediction markets are more accurate than traditional polls could prompt many to reconsider their choices.

In addition, the former president and Elon Musk ‘ssupport for Bitcoin, has the potential to attract a young, tech-native audience that is increasingly interested in investment opportunities. In this context, the combination of Musk and Trump represents a media powerhouse capable of conveying decisions and directing public debate to new horizons.