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The company behind the Truth Social platform is worth more than $3 billion on Wall Street, and Trump owns more than half of it. Trump will soon be able to sell shares in Truth Social's parent company.
Trump founded Truth Social after he was kicked off major social media apps like Facebook and Twitter, the platform now known as X, following the Jan. 6 Capitol riots in 2021. Trump has since been ...
Trump speaks at a March 2024 rally in Richmond, Va. AP Photo/Steve Helber. Trump Media's top investors can now sell their shares if they choose. That includes Donald Trump himself, though he has ...
The company, which owns social media platform Truth Social and trades as DJT on the Nasdaq, was down 5% at the market open. Trump, the Republican presidential nominee, owns nearly 57% of DJT’s ...
Trump has lost $4 billion in Truth Social wipeout. Matt Egan, CNN. September 9, 2024 at 1:24 PM. Scott Olson/Getty Images. Former President Donald Trump’s social media company is in a deep slump ...
Those comments sent Trump Media’s share price skyrocketing, for a few hours at least. It’s a big decision for Trump, who has seen the value of his stake plunge to $1.8 billion. As recently as ...
The future of Truth Social remains uncertain, as its financial outlook was already bleak when Trump exclusively used the platform. The parent company, TMTG, continues to be a financial drain. Its ...
Donald Trump is in need of a massive payday to cover his legal expenses and presidential campaign, but he can’t tap into his Truth Social stock. At least not quite yet. In late March, the former ...