Trump Media soars to $10 billion market cap, overtaking the value of X, which has hundreds of millions more users

Contributing sentiments towards policy:

74% : Prediction markets also have Trump as a heavy favorite.
62% : As TMTG's largest individual shareholder, Trump owns about 57% of the company, worth about $6.1 billion.
60% : Trump and Musk, the owners of Truth Social and X, respectively, may be social-media rivals in the tech world, but they are very much allies in the political arena.
53% : Musk has been a vociferous supporter of Trump throughout the campaign, appearing with him regularly, praising his courage following the two assassination attempts against him, and saying the U.S. is "doomed" should Trump lose.TMTG's stock rise coincided with a recent surge in expectations for Trump, the presidential candidate.
51% : One big-time bettor in France appears to have bet $45 million on Trump to win the election through four separate accounts.
43% : However, the odds on at least one site -- Polymarket -- may have shifted due to the betting activity of just a few individuals who wagered millions of dollars on Trump to win.
28% : Despite an extremely narrow race that appears to be a tie, a raft of late polls showed Trump eking ahead of Vice President Kamala Harris.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.