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Investago | Elon Musk Powers Trump Media Surge
Elon Musk Powers Trump Media Surge

Shares of Trump Media & Technology Group (DJT) surged by 4% in premarket trading on Tuesday, following a significant 10% rise on Monday. The boost came after Elon Musk made a surprise appearance at Donald Trump’s rally in Butler, Pennsylvania, the site where Trump previously survived an assassination attempt in July. Musk, the CEO of Tesla and owner of social media platform X (formerly Twitter), endorsed Trump, stating he is the only candidate capable of preserving democracy in America, fueling excitement ahead of the 2024 election.

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Elon Musk Powers Trump Media Surge
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 92.59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.