US Election: Mark Cuban Shades Donald Trump’s Campaign Amid Elon Musk’s Involvement
Highlights
- Mark Cuban suggested that Donald Trump's campaign has become about Elon Musk rather than the former US President.
- The billionaire also stated that the Polymarket odds doesn't indicate anything even with Trump boasting higher odds on the prediction market.
- Cuban also discussed the legality of Elon Musk's $1 million giveaway campaign in support of Trump.
Mark Cuban has criticized Donald Trump’s campaign amid Elon Musk’s growing involvement in the former US President’s election bid. Cuban believes that Musk’s involvement shows Trump is no longer the one in charge but the world’s richest man.
Musk, who happens to be one of Trump’s most vocal supporters, has taken steps, including using financial incentives to ensure that Trump becomes the next President.
Mark Cuban Suggests Trump’s Campaign Has Become About Elon Musk
In a CNBC interview, the Billionaire suggested that Donald Trump’s campaign has become about Elon Musk rather than the former US President himself. This came following his statement that the “crazy thing” is that it has become the Kamala Harris campaign versus Musk and not Trump.
The world’s richest man has been one of Trump’s biggest supporters, dedicating both his time and finances to ensuring that Trump becomes the next US President. Elon Musk has also gone as far as appearing at rallies and holding town hall meetings to promote Donald Trump’s election bid.
He recently appeared at a Pennsylvania rally to support the former US President, where he interestingly even discussed XRP following a question by someone in the audience.
However, while it seems that Musk is simply supporting who he believes is the best candidate, someone like Mark Cuban looks to think that the world’s richest man has now made it about himself.
Meanwhile, Cuban also opined that the Polymarket odds favoring Donald Trump don’t indicate anything and cannot be relied on. He noted that Americans cannot bet on Polymarket. As such, he remarked that most money going to Polymarket bets is likely foreign money rather than from Americans.
He also suggested during the interview that Kamala Harris’ supporters are likely the shy voters this time, which explains why it looks like Donald Trump is winning based on public opinion.
Elon Musk’s $1 Million Giveaway To Voters
Mark Cuban also commented on Elon Musk’s $1 Million giveaway to voters in swing states. The world’s richest man announced that he would give this sum daily to one registered voter who signs the petition by America PAC, a political action group that the billionaire created to back Trump. Cuban stated that the move is “innovative and desperate.”
He claimed that one only does that when they think they have to and added that whether or not it will work is another thing as it could easily backfire.
Mark Cuban also spoke on whether this move was legal, especially with criticisms that this could classify as vote buying. He looked into it, initially thinking it was illegal but might be legal. The billionaire added that from the Federal Election Commission (FEC) perspective, he has no idea if it is legal.
The US election has become significant to the crypto market because of Donald Trump’s pro-crypto stance, while Harris remains unclear about where she stands. Market experts like Standard Chartered and Bernstein have predicted that the Bitcoin price could reach a new all-time high (ATH) if Trump wins the November 5 US elections.
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