에 대한 최신 뉴스 Nexstar Media Gr (NASDAQ:NXST) 주식

Nexstar Media Gr

Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. The 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number-two partner for NBC and number three for ABC. The firm has stations in 12 of the top 20 television markets and reaches 68% of us TV households. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, 75% of The CW, and a 31% stake in Food Network and Cooking Channel.

Nexstar Media Group Inc

News

Analyst Ratings

Trading Ideas

ISRG

NXST

TOST

CNBC Halftime Report Final Trades: Toast, Nexstar Media Group, Salesforce, Intuitive Surgical

The dividend is payable on Wednesday, February 26, 2025, to shareholders of record on Wednesday, February 12, 2025.

Dividends

Nexstar Media Group Boosts Quarterly Cash Dividend By 10% From $1.69 To $1.86 Per Share

Guggenheim analyst Curry Baker reiterates Nexstar Media Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXST#NASDAQ">NXST</a>) from Buy to Buy.

Reiteration

Guggenheim Reiterates Buy on Nexstar Media Grto Buy

Programming Already Restored for Two Million Viewers, Including NFL Playoff Games and Local News

ATUS

Reported Saturday, Nexstar And Optimum Reach Agreement To Restore Programming For Two Million Customers

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector.
<h3 class="wp-block-heading">Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>)</h3>
<ul>
<li>Dividend Yield: 7.11%</li>
<li>UBS analyst John Hodulik maintained a Neutral rating and increased the price target from $44 to $45 on Dec. 20. This analyst has an accuracy rate of 75%.</li>
<li>Scotiabank analyst Maher Yaghi maintained a Sector Perform rating and lowered the price target from $47.25 to $47 on Oct. 23. This analyst has an accuracy rate of 61%.</li>
<li>Recent News: On Dec. 23, Vertical Bridge completed $3.3 billion tower transaction with Verizon.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011425&amp;t=be2bearmibe3na1">latest VZ news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011425&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="830" height="801" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/14080244/image-84.png" alt="" class="wp-image-732295" style="width:506px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/14080244/image-84.png 830w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/14080244/image-84-300x290.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/14080244/image-84-768x741.png 768w" sizes="(max-width: 830px) 100vw, 830px" /></a></figure>
<h3 class="wp-block-heading">Omnicom Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMC#NYSE">OMC</a>)</h3>
<ul>
<li>Dividend Yield: 3.37%</li>
<li>Macquarie analyst Tim Nollen maintained an Outperform rating with a price target of $120 on Dec. 11, 2024. This analyst has an accuracy rate of 60%.</li>
<li>Wells Fargo analyst Steven Cahall maintained an Equal-Weight rating and cut the price target from $110 to $99 on Dec. 10, 2024. This analyst has an accuracy rate of 62%.</li>
<li>Recent News: On Dec. 9, Omnicom Group agreed to acquire Interpublic Group of Companies, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IPG#NYSE">IPG</a>) in a stock-for-stock transaction.</li>
<li>Benzinga Pro's real-time newsfeed alerted to latest <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011425&amp;t=be2bearmibe3na1">OMC news</a> </li>
</ul>
<figure class="wp-block-image is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011425&amp;t=be2bearmibe3na1"><img decoding="async" src="blob:https://editorial.benzinga.com/3f6ae058-1d00-4fbf-8b6f-dbbf1d0c3605" alt="" style="width:652px;height:auto" /></a></figure>
<h3 class="wp-block-heading">Nexstar Media Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXST#NASDAQ">NXST</a>)</h3>
<ul>
<li>Dividend Yield: 4.47%</li>
<li>Barrington Research analyst James Goss maintained an Outperform rating with a price target of $200 on Nov. 12, 2024. This analyst has an accuracy rate of 61%.</li>
<li>Benchmark analyst Daniel Kurnos reiterated a Buy rating with a price target of $215 on Nov. 8, 2024. This analyst has an accuracy rate of 77%.</li>
<li>Recent News: On Jan. 8, Nexstar Media renewed affiliation agreements with NBC.</li>
<li>Benzinga Pro&#8217;s real-time newsfeed alerted to latest <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011425&amp;t=be2bearmibe3na1">NXST news</a> </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011425&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="840" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/14080359/image-86.png" alt="" class="wp-image-732301" style="width:579px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/14080359/image-86.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/14080359/image-86-300x278.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/14080359/image-86-768x711.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure>
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<li><a href="https://www.benzinga.com/markets/25/01/42965686/top-2-industrials-stocks-that-may-fall-off-a-cliff-in-january">Top 2 Industrials Stocks That May Fall Off A Cliff In January</a></li>
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Price Target

Pre-Market Outlook

Markets

Wall Street's Most Accurate Analysts Spotlight On 3 Tech And Telecom Stocks Delivering High-Dividend Yields

Multi-Year Renewal Covers 33 Affiliated Nexstar-owned and Partner Television Stations
Nexstar Media Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXST#NASDAQ">NXST</a>) and NBCUniversal have reached a comprehensive multi-year agreement to renew NBC Television Network affiliations in 33 markets across the country, including 29 stations owned by Nexstar, three owned by Mission Broadcasting, Inc., and one owned by White Knight Broadcasting, Inc. Together, the 33 stations reach more than 14 million U.S. television households.
Financial terms were not disclosed.
 &nbsp;

Contracts

Nexstar Media Renews Affiliation Agreements With NBC; Multi-Year Renewal Covers 33 Affiliated Nexstar-Owned And Partner Television Stations; Financial Terms Were Not Disclosed

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector.
<h3 class="wp-block-heading">Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>)</h3>
<ul>
<li>Dividend Yield: 6.59%</li>
<li>Scotiabank analyst Maher Yaghi maintained a Sector Perform rating and cut the price target from $47.25 to $47 on Oct. 23. This analyst has an accuracy rate of 71%.</li>
<li>UBS analyst John Hodulik maintained a Neutral rating and raised the price target from $43 to $44 on Oct. 23. This analyst has an accuracy rate of 73%.</li>
<li>Recent News: Frontier Communications Parent, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FYBR#NASDAQ">FYBR</a>) announced that its stockholders approved the acquisition by Verizon at its special meeting held on Nov. 13.</li>
<li>Benzinga Pro's real-time newsfeed alerted to la<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111424&amp;t=be2bearmibe3na1">test VZ news</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111424&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="708" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14043144/image-148.png" alt="" class="wp-image-647403" style="width:650px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14043144/image-148.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14043144/image-148-300x234.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14043144/image-148-768x599.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure>
<h3 class="wp-block-heading">AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>)</h3>
<ul>
<li>Dividend Yield: 4.98%</li>
<li>Wells Fargo analyst Eric Luebchow maintained an Overweight rating and cut the price target from $25 to $24 on Oct. 24. This analyst has an accuracy rate of 69%.</li>
<li>Tigress Financial analyst Ivan Feinseth maintained a Buy rating and raised the price target from $29 to $30 on Sept. 27. This analyst has an accuracy rate of 69%.</li>
<li>Recent News: On Nov. 7, United States Cellular Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USM#NYSE">USM</a>) agreed with AT&amp;T to sell a portion of its retained spectrum licenses for $1.018 billion.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111424&amp;t=be2bearmibe3na1">latest T news.</a> </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111424&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="905" height="846" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14043226/image-149.png" alt="" class="wp-image-647405" style="width:657px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14043226/image-149.png 905w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14043226/image-149-300x280.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14043226/image-149-768x718.png 768w" sizes="(max-width: 905px) 100vw, 905px" /></a></figure>
<h3 class="wp-block-heading">Nexstar Media Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXST#NASDAQ">NXST</a>)</h3>
<ul>
<li>Dividend Yield: 4.07%</li>
<li>Barrington Research analyst James Goss maintained an Outperform rating with a price target of $200 on Oct. 12. This analyst has an accuracy rate of 65%.</li>
<li>Benchmark analyst Daniel Kurnos reiterated a Buy rating with a price target of $215 on Oct. 8. This analyst has an accuracy rate of 76%.</li>
<li>Recent News: On Nov. 13, the company appointed Bill Sammon as Senior Vice President of Washington, D.C., Editorial Content for The Hill and NewsNation.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111424&amp;t=be2bearmibe3na1">trend in NXST stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111424&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="915" height="846" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14043333/image-150.png" alt="" class="wp-image-647406" style="width:579px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14043333/image-150.png 915w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14043333/image-150-300x277.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14043333/image-150-768x710.png 768w" sizes="(max-width: 915px) 100vw, 915px" /></a></figure>
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</ul>

FYBR

Wall Street's Most Accurate Analysts Give Their Take On 3 Tech And Telecom Stocks With Over 4% Dividend Yields

Barrington Research analyst James Goss maintains Nexstar Media Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXST#NASDAQ">NXST</a>) with a Outperform and maintains $200 price target.

Barrington Research Maintains Outperform on Nexstar Media Gr, Maintains $200 Price Target

Benchmark analyst Daniel Kurnos reiterates Nexstar Media Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXST#NASDAQ">NXST</a>) with a Buy and maintains $215 price target.

Benchmark Reiterates Buy on Nexstar Media Gr, Maintains $215 Price Target

Nexstar Media Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXST#NASDAQ">NXST</a>) shares are trading higher. The company reported a third-quarter fiscal year 2024 net revenue increase of 20.7% year over year to $1.366 billion. That&#8217;s <a href="https://www.benzinga.com/pressreleases/24/11/b41802369/nexstar-media-group-reports-record-third-quarter-net-revenue-of-1-37-billion" target="_blank" rel="noreferrer noopener">in line with the consensus</a>.
<ul>
<li>Revenues from Advertising rose&nbsp;22.2% to&nbsp;$622 million. The growth was led by a $135 million year-over-year rise in election-year political advertising.</li>
<li>Distribution revenue gained&nbsp;20.2% to&nbsp;$719&nbsp;million. This growth was driven by the resolution of a 2023 MVPD dispute, favorable contract renewals, annual rate increases, higher vMVPD subscribers, new CW affiliations, and the return of partner stations.</li>
<li>Adjusted EBITDA jumped&nbsp;82.8% Y/Y to&nbsp;$510 million, and the margin expanded to&nbsp;37.3% from&nbsp;24.6% a year ago.</li>
<li>EPS was&nbsp;$5.27, up from&nbsp;$0.70 in the prior year quarter but&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">below the consensus of&nbsp;$5.40.</a></li>
<li>Adjusted free cash flow totaled&nbsp;$327 million, up from&nbsp;$81 million in the prior year quarter. As of September 30, 2024, unrestricted cash stood at&nbsp;$181 million.</li>
</ul>
Buyback: The company repurchased shares worth $178&nbsp;million in the quarter. The company announced a new $1.5 billion share repurchase authorization in July 2024.
Nexstar CEO Perry A. Sook said, &#8221;During the quarter, we made further progress on our strategy for The CW, reducing operating losses by $36 million year-over-year and by $119 million year-to-date.&#8221;
&#8221;We debuted NASCAR Xfinity Series racing in September and WWE NXT wrestling in October on The CW broadcast network to double-digit percentage increases both in total audience and in adults 18-49 versus previous viewership on cable.&#8221;
Investors can gain exposure to the stock via&nbsp;LeaderShares AlphaFactor Tactical Focused ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LSAT#NYSE">LSAT</a>) and Northern Lights Fund Trust IV Monarch Dividend Plus Index ETF (MDPL).
Price Action: Nexstar shares are up 2.92% at $188.60 at the last check Thursday.
Read Next:
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<li><a href="https://www.benzinga.com//node/41815459" target="_blank" rel="noreferrer noopener">Rockwell Automation&#8217;s Mixed&nbsp;Q4: EPS&nbsp;Beats&nbsp;Amid 21%&nbsp;Sales Drop And Cautious FY25&nbsp;Outlook</a></li>
</ul>
Image:

Earnings

Equities

Mid Cap

LSAT

Nexstar Media Q3: Political Ads, Distribution Gains Drive 21% Revenue Growth

Nexstar Media Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXST#NASDAQ">NXST</a>) reported quarterly earnings of $5.27 per share which missed the analyst consensus estimate of $5.40 by 2.41 percent. The company reported quarterly sales of $1.37 billion which met the analyst consensus estimate. This is a 20.67 percent increase over sales of $1.13 billion the same period last year.

Earnings Misses

Nexstar Media Gr Q3 2024 GAAP EPS $5.27 Misses $5.40 Estimate, Sales $1.37B Inline

Acquisition Creates a Nexstar Duopoly in Nation's 19th Largest TV Market and Political Battleground State
Station Will Become a CW Affiliate on September 1, 2025
Nexstar Media Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXST#NASDAQ">NXST</a>), today announced that it has agreed to acquire the assets of WBNX-TV/TV55 in Cleveland, Ohio, from the Winston Broadcasting Company. The acquisition will create a duopoly for Nexstar in the nation's 19th largest television market, where the company already owns and operates WJW-TV (FOX).
WBNX-TV is currently an independent television station and will, under Nexstar's ownership, become an affiliate of The CW Network on Sept. 1, 2025. The transaction, subject to regulatory and other customary approvals, is expected to close in 2025 and will be accretive to Nexstar's operating results pro forma for the conversion to a CW affiliation. Financial terms of the transaction were not disclosed.

Nexstar Media Group To Expand Presence In Cleveland With Acquisition Of WBNX-TV/TV55; Financial Terms Of The Transaction Were Not Disclosed

Investors in Nexstar Media Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nxst#NASDAQ">NXST</a>) need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 20, 2024 $95 Call had some of the highest implied volatility of all equity options today.
<h2>What is Implied Volatility?</h2>
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
<h2>What do the Analysts Think?</h2>
Clearly, options traders are pricing in a big move for Nexstar Media shares, but what is the fundamental picture for the company? Currently, Nexstar Media is a Zacks Rank #5 (Strong Sell) in the Broadcast Radio and Television industry that ranks in the Top 41% of our Zacks Industry Rank. Over the last 60 days, no analyst increased the earnings estimates for the current quarter, while one has dropped the estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from $5.89 per share to $5.51 in that period.
Given the way analysts feel about Nexstar Media right now, this huge implied volatility could mean there&#39;s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
<a href="https://www.zacks.com/stock/news/2350198/is-the-options-market-predicting-a-spike-in-nexstar-media-nxst-stock?cid=CS-BENZ-FT-tale_of_the_tape|options-2350198">To read this article on Zacks.com click here.</a>

Options

Media

Is the Options Market Predicting a Spike in Nexstar Media Stock?

Benchmark analyst Daniel Kurnos maintains Nexstar Media Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXST#NASDAQ">NXST</a>) with a Buy and lowers the price target from $225 to $215.

Benchmark Maintains Buy on Nexstar Media Gr, Lowers Price Target to $215

Management

On Sept 30, Nexstar Media Group Notified Michael Strober That It Eliminated His Position Of Executive Vice President & Chief Revenue Officer

Guggenheim analyst Curry Baker maintains Nexstar Media Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXST#NASDAQ">NXST</a>) with a Buy and lowers the price target from $200 to $198.

Guggenheim Maintains Buy on Nexstar Media Gr, Lowers Price Target to $198

Nexstar Media Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXST#NASDAQ">NXST</a>), today announced that its owned and operated television stations in Augusta, Georgia (WJBF-D3 DMA #110); Monroe, Louisiana (KARD-D2 DMA #142); Wichita Falls, Texas (KFDX-D3 DMA #149); Terre Haute, Indiana (WTWO-D2 DMA #159); and Utica, New York (WFXV-D2 DMA #171), will become affiliates of The CW Network.&nbsp;

Nexstar Media Reveals Five Stations That Will Carry CW's Primetime Entertainment, Live Sports, And Special Event Programming Beginning In September And October

Despite the <a href="https://www.benzinga.com/news/24/08/40328139/elon-musk-delays-live-chat-with-trump-due-to-massive-ddos-attack-on-x-will-proceed-with-a-smaller-nu">technical difficulties</a> plaguing the &#8220;Spaces&#8221; conversation between Elon Musk and Donald Trump, millions of viewers tuned in, prompting a question about the viability of live interviews — and future presidential debates — taking place on social media.
What Happened: Benzinga <a href="https://x.com/Benzinga/status/1823349409578414343">asked </a>readers about the potential of X Spaces: "Should all interviews and debates happen on X Spaces?" 
The results were:
<ul>
<li>Yes: 42.9%</li>
<li>No: 34.6%</li>
<li>I Don't Care: 22.6%</li>
</ul>
None of the three answers received over 50% in the poll, but it was yes that came away as the clear winner with 42.9% of the result.
This means that Beniznga readers appear to be interested in future interviews and debates happening on X.
The Musk/Trump interview — which took place about three months before <a href="https://www.benzinga.com/topic/2024-election">the 2024 presidential election</a> — spanned <a href="https://www.benzinga.com/news/24/08/40328821/trump-and-musk-interview-covers-everything-from-failed-assassination-attempt-to-kamala-harriss-no-ta">a variety of topics</a>: electric vehicles, artificial intelligence, politics, immigration and Russia.
Millions of listeners tuned into the three-hour conversation. At the time of writing, the Spaces has 28.5 million listeners and the <a href="https://x.com/realDonaldTrump/status/1823144316014911820">post </a>on X has been seen 267 million times.
Did You Know?
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<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent081524">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
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Why It's Important: The conversation with Trump and Musk was not the first 2024 election-themed Spaces event.
Musk previously hosted Florida Governor Ron DeSantis, who <a href="https://www.benzinga.com/general/social-media/23/05/32581204/desantis-declares-presidential-bid-with-musk-on-twitter-spaces-social-media-becomes-pivotal-">used the platform to announce</a> his entry into the 2024 presidential race. 
Like the Trump event, it was also marred <a href="https://www.benzinga.com/general/politics/23/05/32564924/desantis-announces-2024-presidential-run-lauds-elon-musks-commitment-to-free-speech">by glitches and delays</a>. 
Musk <a href="https://www.benzinga.com/news/24/08/40330138/elon-musk-says-hes-happy-to-host-kamala-on-x-after-trump-interview-vice-presidents-team-says-it-was">has since invited </a>Vice President Kamala Harris to interview on the platform as well.
"Happy to host Kamala on X Spaces too," Musk said.
Harris' campaign team seemed to deny the invite with a response.
"Trump's entire campaign is in service of people like Elon Musk and himself — self-obsessed rich guys who will sell out the middle class and who cannot run a livestream in the year 2024," the KamalaHQ account on X said.
Many X users have said that there should be a presidential debate held on the social media site, rather than on a traditional television network where there could be bias and hidden agendas (X-owner Musk is a major <a href="https://www.benzinga.com/news/24/07/39804113/exclusive-elon-musk-is-burning-his-own-blue-bridges-by-donating-to-trump-says-market-expert">Trump donor and supporter</a>).
Trump and Harris <a href="https://www.benzinga.com/general/politics/24/08/40265985/trump-vs-harris-2024-presidential-election-candidates-agree-to-sept-10-debate-could-more-faceoff">have agreed to</a> a presidential debate with Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) owned ABC on Sept. 10. Trump was hesitant to accept this media outlet as he has a pending lawsuit with the media company and believes he will be treated unfairly.
NewsNation, which is a unit of Nexstar Media Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXST#NASDAQ">NXST</a>), has <a href="https://www.benzinga.com/general/politics/24/08/40170953/trump-vs-harris-presidential-debate-dilemma-solved-media-outlet-pitches-alternative-that-would-s">pitched hosting a debate</a> that would come from a non-partisan media company.
The first 2024 presidential debate was watched by 47.9 million people and set records for CNN. Viewership for the debate was down from the first debates of the 2016 and 2020 elections.
While some candidates may be against doing interviews or debates on X, the social media platform could represent one of the future mediums of politicians to connect with potential voters.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/politics/24/08/40355353/harris-vs-trump-vice-president-leads-2024-election-poll-by-3-points-shows-strength-among-indepen">Harris Vs. Trump: Vice President Leads 2024 Election Poll by 3 Points, Shows Strength Among Independent, Young Voters</a></li>
</ul>
Image: Shutterstock

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