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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 ...
It’s a big decision for Trump, who has seen the value of his stake plunge to $1.8 billion. As recently as four months ago, it was worth $6.2 billion. Even if Trump wanted to unload all or most ...
Trump's stake in Trump Media is worth about $2 billion, over half his total net worth. Donald Trump is just days away from being eligible for a huge payout. The potential source of the wealth is ...
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 ...
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 ...
Matt Egan, CNN. September 14, 2024 at 3:07 PM. Former President Donald Trump said Friday that he is not selling shares in his controversial social media company, an announcement that sent the ...
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 ...