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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 Media runs the social media platform Truth Social, which Trump created after he was banned from Twitter and Facebook following the Jan. 6, 2021, Capitol riot. Based in Sarasota, Florida, the ...
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 ...
Trump’s posts to Truth Social stand in stark contrast to his presence on other social media platforms. His most controversial posts on Truth Social don’t appear on his X account, which has ...
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 ...
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 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 ...
That will change very soon. The lock-up period prohibiting Trump from selling or even borrowing against his $2.3 billion stake in Truth Social owner Trump Media & Technology Group (DJT) is ...