Betting markets favor DeSantis over Trump for 2024 Republican presidential nomination, as Elon Musk voices support for Florida governor

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Betting markets favor DeSantis over Trump for 2024 Republican presidential nomination, as Elon Musk voices support for Florida governor
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Florida Gov. Ron DeSantis has the edge over Donald Trump to score the 2024 Republican presidential nomination, according to the latest odds in the betting market PredictIt.

DeSantis has a 38% chance, ahead of Trump’s 36% and 7% for Nikki Haley, the former U.S. ambassador to the United Nations. Former Vice President Mike Pence is at 6%, Sen. Tim Scott of South Carolina gets 4%, and other Republican politicians are at 3% or lower.The former president’s prospects have edged down from 38% on June 8 in the wake of public hearings held by the House committee probing the Jan. 6, 2021, attack on the U.S. Capitol.

The former president “could become eclipsed by conservative Florida Gov. Ron DeSantis as Republicans seek someone more palatable than Trump,” Valliere added.Also: Trump notches win in South Carolina, as his candidate ousts incumbent To be sure, betting markets aren’t always right, with PredictIt users, for example, getting a Supreme Court nomination wrong a few years ago.

“I supported Yang last time, but DeSantis has a better chance of winning,” the Tesla TSLA, +5.48% and SpaceX CEO said on Twitter, referring to former long-shot Democratic presidential candidate Andrew Yang.

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