Trump Media & Technology Group Corp. has experienced a significant surge in its stock value, with shares increasing by 8.8 percent on Tuesday. This rally has resulted in a remarkable five-week increase of over $7.9 billion in the company's overall value.

Former President Donald Trump has benefited greatly from this surge, gaining nearly $6 billion in paper gains. The surge in value is seen as an indicator of Trump's electoral prospects for the upcoming presidential election on November 5. Despite national polling averages showing a close race against Democrat Kamala Harris, betting markets are indicating a two-to-one chance of Trump's success.

Investors are increasingly optimistic about the potential benefits for Trump Media if Trump were to reclaim the White House, reflecting a growing confidence in his electoral chances as the election date approaches.