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The restraints preventing former President Donald Trump from selling shares in his social media company are set to ... to sell shares in the controversial company that owns Truth Social if they ...
Donald Trump is now free to start selling shares in Truth Social’s parent company, worth nearly $2 billion, but he seems poised to hold onto them.. The GOP nominee and other large shareholders ...
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 ...
Truth Social (stylized as TRUTH Social) is an alt-tech [4][5][6] social media platform owned by Trump Media & Technology Group (TMTG), an American media and technology company majority-owned by former U.S. president Donald Trump. [7] It has been called a " Twitter clone" that competes with Parler, Gab, and Mastodon in trying to provide an ...
Trump Media & Technology Group Corp. (TMTG) is an American media and technology company headquartered in Sarasota, Florida. It is best known as the owner of Truth Social and for being primarily owned by former U.S. president Donald Trump. It also plans to launch a subscription based streaming service called TMTG+. [4]
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 ...
On November 19, 2022, Twitter's new owner, Elon Musk, reinstated his account, although Trump had stated he would not use it in favor of his own social media platform, Truth Social. [6] The first tweet since 2021 was made in August 2023 about his mugshot from Fulton County Jail, [7] but the account remained inactive until he tweeted again in ...
The company behind the Truth Social platform is worth more than $3.5 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 ...