Elon Musk made headlines at a rally held by Donald Trump in Butler, Pennsylvania, by appearing in a black MAGA hat. This marked Musk's first live event appearance with Trump since Musk's endorsement in July.
During the event, Trump criticized the current Biden administration and invited Musk to speak on stage, adding to the spotlight on Musk's unpredictable nature.
The event created excitement in certain trading circles, leading to substantial financial gains for at least one trader in MAGA tokens, who reported profits totaling $121,000.
