Potential Valuation of Trump's Truth Social Exceeds $5 Billion Despite Limited Engagement
Despite losses, Trump's Truth Social could be valued at $5.7 (£4.51) billion, boosting his net worth by $4 (£3.16) billion.
Source: ibtimes.co.uk
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Donald Trump Stock Predicted to Collapse After Truth Social Goes Public
The former president's media company announced a merger last week.
Source: newsweek.com
Donald Trump social media firm soars ahead of post-SPAC deal debut
The deal gives the parent company of Truth Social more than $275 million of much-needed capital, and provides a windfall on paper for Trump as he faces a mounting series of legal and financial woes.
Source: moneycontrol.com
Trump's Truth Social is going public today. Experts warn $9 billion valuation defies logic
For the first time in almost 30 years, part of Donald Trump’s business empire is going public.
Source: cnn.com
Trump's social media company soars in its first day of trading on Nasdaq – Twin Cities
Shares of Donald Trump’s social media company jumped more than 30% in the first day of trading on the Nasdaq, boosting the value of the former president's large stake in the company in the process. Trump Media & Technology Group runs the social media platform Truth Social. Before trading began, Trump Media had a market value of about $6.8 billion, a figure that will rise significantly if the gains in the shares hold. The shares are trading under the ticker symbol “DJT.” Trump holds a nearly 60% ownership stake in the company.
Source: twincities.com