Shares of Digital World Acquisition Corp., the company set to take Trump Media and Technology Group public, spiked Monday after former president Donald Trump hinted at a 2024 presidential run.

Shares of DWAC gained 66.5% Monday, pushing the company’s market value over $1 billion for the first time since August. The stock is still down 43% year to date as the special purpose acquisition company navigates financial and legal troubles.

“In a very, very, very short period of time, you’re going to be very happy,” Trump told supporters in a Pennsylvania rally on Saturday, going on to mention “taking back” America in 2024.

Trump’s presidential run would likely drive traffic to Trump Media’s Truth Social platform, where he has agreed to post content exclusively for eight hours before posting it elsewhere. However, the company still faces a hurdle to completing its acquisition of Trump Media and the Truth Social platform.