**Trump Media Stock Soars as Trump Rallies with Elon Musk in Pennsylvania**

Shares of Trump Media saw a significant uptick on Monday, following a high-profile rally where former President Donald Trump joined forces with Tesla CEO Elon Musk in Butler, Pennsylvania. This event marked Trump's return to the site of his July 13 assassination attempt, and Musk used the occasion to publicly endorse Trump, further boosting investor confidence in Trump Media.

During the rally, which took place on Sunday, Trump delivered a lengthy 90-minute speech. Midway through, Elon Musk took the stage to express his full support for Trump, describing himself as "not just MAGA" but "Dark MAGA." Musk emphasized the importance of Trump's victory in the upcoming election, stating, "President Trump must win to preserve the Constitution. He must win to preserve democracy in America."

This public endorsement from Musk appears to have had an immediate positive effect on Trump Media's stock. As of 12:30 p.m. ET on Monday, the shares were up roughly 15%, trading around $19.00 per share. The surge follows a period of decline, with shares hitting a 52-week low on September 23.

In other developments, Trump Media disclosed in a regulatory filing on Thursday that its Chief Operating Officer, Andrew Northwall, had resigned in late September. Additionally, the same filing revealed that the company was ordered by a Delaware judge to release nearly 800,000 shares of its stock to an early investor after breaching an agreement.

Trump Media's stock performance is closely linked to Trump’s popularity and active use of Truth Social, the company’s primary product. Trump, who owns nearly 57% of the company’s stock, has stated his intention to create a government efficiency commission if elected president, a proposal that Musk is expected to lead. This alignment between Trump and Musk strengthens the former president's campaign and brings renewed attention to Trump Media.