The US presidential election has entered the decisive stage.
At a critical moment, Musk's latest move has attracted attention. On October 19th local time, Tesla CEO Elon Musk announced that from that day until November 5th, US election day, he will randomly distribute $1 million to a registered voter in Pennsylvania who signs the "America PAC" petition.
The current US election has entered the decisive stage, and the latest poll data shows that Harris and Trump's approval ratings are still close, making the two sides evenly matched. But in the gambling market, the balance of victory seems to be tilting towards Trump. According to the Polymarket website, Trump's chances of winning the election have reached 61%, far ahead of his competitor Harris' 39%.
In the financial market, the "Trump trade" continued to ferment, and various assets from small cap stocks in the US to Bitcoin were rising, while the Mexican peso and US treasury bond bonds continued to fall; The stock price of the core Trump Media Technology Group (DJT) has risen by as much as 84% this month.
Musk announces
On October 19th local time, Musk announced at an event in Pennsylvania that from that day until November 5th, the US election day, he would randomly distribute $1 million to a registered voter in Pennsylvania who signed the "America PAC" petition. The first winner of the day has already been born.
Musk said, "We really want as many people as possible to sign this petition, so I have prepared a surprise for you. We will randomly reward those who sign the petition with $1 million, every day until the end of the election
The first million dollar prize was awarded to John Dreher, who claimed to be a "loyal fan" of Musk.
This week, Musk traveled to Pennsylvania to emphasize the importance of this crucial battleground state for the 2024 election.
Musk has become an important force for Trump's return to the White House. The super political action committee funded by Musk, the US Political Action Committee, has launched large-scale door-to-door campaigns for Trump in states such as Pennsylvania.
According to previous documents from the Federal Election Commission (FEC), Musk donated $75 million (approximately RMB 530 million) to the America PAC, which supports Trump's presidential campaign, in the third quarter ending in September.
The documents show that Musk, along with other well-known Silicon Valley figures, supported Trump, including venture capitalists Mark Anderson and Ben Horowitz, who each donated $2.5 million to the "United States Political Action Committee" allied with the former president.
In addition, Trump's staunch supporter, Miriam Adelson, donated even more, investing $95 million into another external group that supported the former president.
According to CNN, Adelson and her late husband Sheldon were among the biggest donors to Republican candidates and causes over the past decade, with Adelson donating a total of $100 million to the organization this year.
Decisive Stage
The current US presidential election has entered the decisive stage, and both parties are vigorously campaigning to gain more support from voters.
On October 19th local time, US Vice President and Democratic presidential candidate Harris ran for office in Michigan and Georgia, while former President and Republican presidential candidate Trump held a rally in Pennsylvania.
The latest poll data shows that Trump and Harris still have similar approval ratings, making them evenly matched.
The latest national opinion poll average released by CNN shows that there is still no clear leader in the US election, with an average of 50% of potential voters supporting Vice President Kamala Harris and 49% supporting former President Donald Trump.
Among the five surveys used to calculate the average, two surveys showed Harris slightly defeating Trump, while three surveys showed that the campaign was actually deadlocked.
A poll released by Fox News also showed that there is no clear lead in the nationwide presidential race, with 50% of potential voters supporting Trump and 48% supporting Harris in the direct confrontation between the two candidates.
But in the gambling market, the balance of victory seems to be tilting towards Trump. According to the Polymarket website, Trump's chances of winning the election have reached 61%, far ahead of his competitor Harris' 39%.
According to the latest Gallup poll, the most concerning issue for American voters is the economy. Currently, 52% of voters believe that the economy is an "extremely important" factor affecting their voting, which is the highest level since the 2008 financial crisis.
If Trump is re elected as president, he may fundamentally reshape the world trade system. He previously stated that if he were to enter the White House, he would place the imposition of tariffs at the core of his agenda.
If Harris is elected president, he may continue Biden's trade agenda and adopt targeted and strategic tariff measures. Maintain tariffs and other restrictions on certain countries, while basically giving allies a break.
In the financial market, the "Trump trade" is continuing to ferment, and various assets from small cap stocks in the US to Bitcoin are rising, while the Mexican peso and US treasury bond bonds are continuing to decline; The stock price of the core Trump Media Technology Group (DJT) has risen by as much as 84% this month.
The Russell 2000 index is approaching its highest level since the end of 2021, and the market expects Trump to continue to maintain low tax rates and reduce regulation, which has boosted the trend of small cap stocks. But some investors also point out that the continuous record breaking of US stocks is due to the strong US economy and the Federal Reserve entering a monetary easing cycle.