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Trump Media Stock Rallies 15% After Elon Musk's Rally Appearance

Elon Musk's endorsement of Donald Trump at a Pennsylvania rally boosts Trump Media's market value amid a tight election race.

  • Elon Musk joined Donald Trump at a campaign rally in Butler, Pennsylvania, where he endorsed Trump's presidential bid.
  • Following Musk's appearance, Trump Media & Technology Group's stock value surged by 15%, reversing part of its recent decline.
  • Musk has expressed willingness to serve in a Trump administration, potentially leading a government efficiency commission.
  • Trump Media's stock performance is closely tied to Trump's political fortunes, with shares fluctuating based on campaign developments.
  • Polls show a close race between Trump and Kamala Harris, with Harris currently leading by a small margin in key states.
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