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Home BUSINESS

Mark Cuban Calls Out Elon Musk’s Role in Trump’s Election, Here is Why

Michael Juanico by Michael Juanico
October 21, 2024
in BUSINESS, CRYPTO, FINANCE, POLITICS
Reading Time: 2 mins read
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  • Mark Cuban suggested that Donald Trump’s campaign has become more about Elon Musk rather than Trump himself due to Musk’s heavy involvement and support.
  • Cuban stated that the Polymarket odds favoring Trump don’t indicate anything substantial since most bets are likely from foreign money rather than Americans who cannot legally bet on Polymarket.
  • Cuban commented on the legality of Elon Musk’s $1 million giveaway to voters in swing states, initially thinking it was illegal but later unsure if it violates Federal Election Commission rules.

Billionaire Mark Cuban has criticized Donald Trump‘s 2024 election campaign, suggesting that Elon Musk has taken over the spotlight rather than the former president himself. Cuban believes that Musk’s prominent role shows that he, not Trump, is now in charge.

JUST IN: Billionaire @mcuban believes @Polymarket election odds don’t actually matter
pic.twitter.com/jj5ZAFkeCe

— BlockNews.com (@blocknewsdotcom) October 21, 2024

Mark Cuban Says Campaign is About Musk, Not Trump

In a recent CNBC interview, Cuban suggested that Trump’s campaign has become more about Musk than Trump. He remarked that “the crazy thing is that it has become the Kamala Harris campaign versus Musk and not Trump.” Musk has dedicated his time and money to supporting Trump, even appearing at rallies and holding town halls. However, Cuban seems to think that Musk has made the campaign about himself.

Musk’s $1 Million Daily Giveaway to Voters

Cuban also commented on Musk’s announcement that he will give away $1 million daily to voters in swing states who sign a petition by a PAC supporting Trump. Cuban called the move “innovative and desperate,” saying one only does that when they are desperate. He questioned the legality of what could be seen as vote buying, though he found it might technically be legal.

Conclusion

The presidential race has significant implications for crypto, given Trump’s crypto-friendly stance versus Harris’ unclear position. Mark Cuban believes Elon Musk has stolen the spotlight from Trump in this campaign, though the effects of Musk’s involvement remain to be seen.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: CNBCDonald TrumpElon MuskKamala Harrismark cuban
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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