Trump has billions riding on whether he wins

Published On Nov 4, 2024, 2:23 PM

The article discusses how Donald Trump's potential victory in the upcoming election could significantly impact his financial status, particularly regarding his stakes in Trump Media and Technology Group (DJT). Currently, Trump owns 57% of DJT, which could rise or fall drastically based on election outcomes. If Trump wins, DJT is expected to gain popularity and revenue, while a loss could diminish its value, potentially down to zero. Recently, DJT shares have shown extreme volatility, reflecting changing perceptions about Trump's election chances, correlating closely with betting market odds.

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Positive

With DJT's value tied directly to Trump's election chances, if he maintains momentum and betting odds improve, there is significant potential for DJT to increase substantially. However, if his odds worsen or he loses the election, DJT could see a sharp decline, reflecting a high-risk/reward scenario.

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