Presidential Election Odds: Trump is Back on X

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In an unexpected twist that has baffled the political and media world, Elon Musk, the wealthiest man on the planet, has once again given Donald Trump a space on the platform that once banished him.

After spending $44 billion to acquire Twitter and transform it into X, Musk opened the doors to Trump—who had been expelled due to the January 6, 2021, riots—to reignite the flames of his presidential campaign. This return has created a great stir among his followers and bettors, boosting the Presidential Election odds.

“VOX POPULI, VOX DEI”

When Musk acquired Twitter in 2022, his vision of an uncensored platform allowed for the readmission of several controversial accounts, with Trump’s being one of the most prominent. In November 2023, Musk organized a poll on X to decide whether Trump should be allowed back. He concluded that the people had spoken, so Trump would be reinstated, citing the Latin phrase “Vox Populi, Vox Dei” (The voice of the people is the voice of God).

Many analysts have seen this surprising decision as Musk’s attempt to use his enormous digital influence to influence the outcome of the elections.

HIS MUGSHOT ON X

Trump’s return to X is crucial for his campaign, as he faces significant challenges against his Democratic opponent, Kamala Harris. Despite having his platform, Truth Social, Trump has taken advantage of X to reach a broader audience and revitalize his image. Trump shared his mugshot on X in one of his first moves after his return.

This symbolic act mobilized his supporters and reignited the Presidential Election odds, making X an essential battleground for his campaign.

MONEY AND INFLUENCE RULE

For avid bettors, this move in the heated chess game is critical. The impact of this return cannot be underestimated: Musk has made it clear that he supports Trump not just with words but with concrete actions and has launched a political action committee (PAC) to financially support Trump’s campaign, using his reach on X, with more than 193 million followers, to spread pro-Trump content and attack his Democratic rivals.

This strategy, which combines media influence with financial backing, can change the course of the election campaign and the Presidential Election odds in the months leading up to the elections.

IMMEDIATE CRITICISM AND INVESTIGATIONS

This decision, as expected, has also generated a wave of criticism, as many fear that using the platform to promote misinformation and conspiracy theories could affect the integrity of the electoral process. The Center for Countering Digital Hate has accused Musk of fostering distrust and discord with his handling of X, which could incite violence, as seen on January 6, 2021.

Additionally, the pro-Trump PAC launched by Musk is under investigation in at least two states, where it is alleged that the voter registration campaign they have promoted may be misleading.