00:00It's Benzinga, and here's what's on the block.
00:03Trump media surged another 18 percent on Tuesday, marking its longest rally since June after
00:08a 10 percent jump on Monday.
00:10The gains come as investors react to Elon Musk's unexpected appearance at Donald Trump's
00:15Pennsylvania rally, where Musk endorsed Trump's 2024 bid, stating that his will be the last
00:20election if Trump doesn't win.
00:22DJT stock has been volatile since its public debut in March, with shares fluctuating amid
00:27the election cycle and legal challenges.
00:30Trump, who owns a 60 percent stake in the company, has expressed no intention of selling.
00:35The company faces financial struggles, second-quarter losses, and falling revenue alongside recent
00:40leadership changes.
00:41For all things money, visit Benzinga.com.
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