Loading...
Market
What will Donald Trump's net worth be by end of 2024?
5
Resolution / Starting Odds
Below $5 billion • 25%
$5 billion to $10 billion • 25%
$10 billion to $15 billion • 25%
Above $15 billion • 25%
Forbes or Bloomberg Billionaires Index
Story
Trump Media Stock Soars 280% After MSG Rally, Matching X's Valuation Ahead of Election
Oct 28, 2024, 04:03 PM
Trump Media & Technology Group (TMTG), the operator of Truth Social, has seen its stock price surge up to 280% ahead of the November 5 presidential election. The stock, trading under the ticker $DJT, has reached its highest level since July. The company's market capitalization has climbed to approximately $9.2 billion, nearly matching the estimated $9.4 billion valuation of Elon Musk's X, formerly known as Twitter. TMTG has become the best-performing stock over the past month among companies with market capitalizations above $1 billion, with no other stock coming close in performance. The surge in TMTG's stock price is attributed to increased investor optimism as betting odds favor Donald Trump's bid for the White House. Additionally, Trump's recent rally at Madison Square Garden has been linked to the stock's upward momentum, and his net worth is estimated to have increased by about $3.7 billion this month due to the stock's rise.
View original story
Similar markets
Less than $1 billion • 25%
$1 billion to $2 billion • 25%
$2 billion to $3 billion • 25%
More than $3 billion • 25%
Less than $200 million • 25%
$200 million to $300 million • 25%
$300 million to $400 million • 25%
More than $400 million • 25%
Less than $50 million • 25%
$50 million to $100 million • 25%
$100 million to $200 million • 25%
More than $200 million • 25%
Below $300 billion • 25%
$300 billion to $350 billion • 25%
$350 billion to $400 billion • 25%
Above $400 billion • 25%
Less than $5 million • 25%
$5 million to $10 million • 25%
$10 million to $15 million • 25%
More than $15 million • 25%
Real Estate • 25%
Media & Technology • 25%
Investments • 25%
Other • 25%
Less than $50 million • 33%
$50 million to $100 million • 33%
More than $100 million • 33%
Less than $350 million • 25%
$350 million to $400 million • 25%
$400 million to $450 million • 25%
More than $450 million • 25%
He will claim he is more successful • 25%
He will claim he is less successful • 25%
He will avoid making a direct comparison • 25%
He will not address the comparison at all • 25%