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HomeUS NewsDJT surges after Trump, Musk return to Butler | Real Time Headlines

DJT surges after Trump, Musk return to Butler | Real Time Headlines

Omar Marks | Light Rocket | Getty Images

shares Trump Media surge on Monday, a day after former President Donald Trump Return to Butler, PA, his birthplace Assassination attempt on July 13meeting with Tesla CEO Musk.

The stock was up about 15% on heavy volume and trading around $19.00 per share as of 12:30 p.m. ET.

Musk took the stage midway through Trump’s speech at Butler on Sunday 90 minutes speech Praising the Republican presidential candidate and calling himself “not just MAGA” but “Dark MAGA.”

“This is no ordinary election,” Musk said. “President Trump must win to uphold the Constitution. He must win to uphold American democracy.”

The billionaire entrepreneur publicly endorsed Trump for president for the first time within hours of the July 13 assassination attempt. Since then, Musk has been a major supporter of the Trump campaign.

Musk also founded a pro-Trump political action committee, America PAC, which is affiliated with investigation earlier this year following complaints about voter data. The investigation has since been closed and no further action has been taken against the PAC.

Trump said he would create the one Musk proposed Council on Government Effectiveness If he is elected president, the entire federal government will be audited and waste reduced. Trump also suggested that he would appoint Musk to lead the commission.

exist Previous supervision filingsTrump Media said the success of its main product, Truth Social, depends on Trump’s popularity and continued use of the platform. Trump owns nearly 57% of the company’s stock.

Shares of Trump Media have been on an overall downward trend since July, when they soared following Trump’s first assassination. Stock price takes a hit Hits 52-week low September 23rd and since then has been steady Recoveringalthough recently reports of riots within the company.

Trump Media revealed in a regulatory filing Thursday that Chief Operating Officer Andrew Northwall Already resigned Late September.

In the same filing, the company announced it would offer nearly 800,000 shares to early investors in compliance with an order from a Delaware judge who found Trump Media breach of agreement and that investor.

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