As the 2024 US presidential election approaches, the polls indicate a tight race between Trump and a strong Democratic candidate. Investors are on edge, which has led to a surge in the stock price of Trump Media & Technology Group (TMTG), a company affiliated with Trump.
In a recent development, the stock of Truth Social's parent company has skyrocketed, surpassing the market value of Musk's X platform. According to reports from MoneyDJ, a Taiwan-based financial news outlet, TMTG's stock has risen due to investor optimism about Trump's chances in the upcoming election.
The article highlights the volatility of TMTG's stock, which was previously halted three times due to high trading volumes. Despite this, the company's market value continues to grow, fueled by the prospect of Trump's potential victory.
The full article can be read at [MoneyDJ's website](https://www.moneydj.com/kmdj/news/newsviewer.aspx?a=ac1f065d-7dae-446f-a11f-10fd979bbf84).