Trump Media & Technology Group surpassed Elon Musk's X Holdings in estimated value, now worth over $10 billion. TMTG shares have quadrupled since late September, with Trump’s 57% stake climbing to almost $4 billion. While TMTG's Truth Social lags in user traffic, its market value continues to rise as Election Day nears. Speculators see TMTG as a bet on Trump’s potential win. Musk, endorsing Trump over the summer, has actively supported the campaign, rallying in Pennsylvania and contributing over $70 million.
Category
🗞
NewsTranscript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Trump Media and Technology Group surpassed Elon Musk's ex-holdings in estimated value,
00:06now worth over $10 billion. TMTG shares have quadrupled since late September,
00:12with Trump's 57% stake climbing to almost $4 billion. While TMTG's true social lags in
00:18user traffic, its market value continues to rise as Election Day nears. Speculators see TMTG as a
00:24bet on Trump's potential win. Musk, endorsing Trump over the summer, has actively supported
00:30the campaign, rallying in Pennsylvania and contributing over $70 million.
00:34For all things money, visit Benzinga.com slash GSTV.