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Rumble's Historic Election Night: Records Across the Board

AInvestWednesday, Nov 6, 2024 7:14 pm ET
1min read
Rumble, a video-sharing platform and cloud services provider, made headlines on November 5th, 2024, as it set new records across the board during the historic U.S. presidential election night. The platform, known for its commitment to free speech and censorship-free content, attracted a massive audience, primarily composed of conservative American users, who tuned in to cover the election results in real-time.


On Election Night, Rumble shattered its previous peak viewership records, with over 1.79 million concurrent viewers tuning in. This remarkable achievement placed Rumble in the top three most popular streaming platforms, surpassing Kick and challenging industry giants like YouTube and Twitch. The platform's largest audiences came from political streamers Dan Bongino and Steven Crowder, who peaked at 515K and 460K viewers, respectively, setting personal viewership records.


Rumble's strategic expansion into cloud services has significantly contributed to its recent growth and record-breaking election night performance. By offering Rumble Cloud, the platform has attracted businesses seeking reliable, censorship-free infrastructure. This expansion has not only increased Rumble's revenue but also bolstered its user base, as more creators and businesses adopt its services.

Rumble's focus on free speech and censorship-free content has resonated with users, particularly during politically charged events. The platform's ability to attract high-profile streamers like Dan Bongino and Steven Crowder, who set personal viewership records during the election, demonstrates its potential to capitalize on political events and attract a large audience.

The company's commitment to free speech and right-wing positions has contributed to its growth, as seen in the popularity of political talk shows and bloggers supporting Donald Trump. Rumble's innovative platform design and user experience have been critical in attracting and retaining users, driving its stock performance. The platform's market cap has reached $1.65 billion, and its stock price has increased by +16.20% in the last 52 weeks.

Rumble's success story serves as a testament to the power of catering to specific user bases and providing a platform that resonates with their values and interests. As the platform continues to grow and attract more users, it may draw more creators and viewers away from traditional platforms, potentially reshaping the competitive dynamics in the video-sharing and streaming platform landscape.
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