Our electron photoemission experiments demonstrate that the magnetization of the ferromagnetic state of UTe is proportional to the binding energy of the hybridized band centered around 50 meV below EF. This proportionality is direct evidence that the ferromagnetism of UTe is itinerant; i.e., the 5f electrons are not fully localized close to the atomic core. This mechanism of itinerant ferromagnetism differs from the traditional picture for 5f-electron magnetism in an essential and a novel way. We propose a simple model for the observed proportionality between the temperature dependence of the magnetization and the binding energy of the hybridized band near EF. This model allows us to estimate the effective magnetic interaction and to identify signatures of itinerant ferromagnetism in other materials.