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Trump maintains a roughly 60% stake in Truth Social. At Thursday's closing price of around $52 a share, Trump Media boasts a market cap of roughly $7 billion, giving the former president a stake ...
Shares of Trump Media & Technology Group ( DJT ), the parent company of Trump's social media platform Truth Social, rose 16% on Tuesday during the stock's first day of trading under its...
The price plunge caused the former president's net worth to shrink by $1bn, according to Bloomberg. Shares had surged last week, giving the company an $11bn valuation. But experts warned the...
Truth Social (stylized as TRUTH Social) is an alt-tech 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.
In February 2022, TMTG launched the social network Truth Social. Trump reported in an April 2023 personal financial disclosure that he had made less than $201 from TMTG. According to a report filed with the U.S. Securities and Exchange Commission (SEC) in April 2024, the TMTG experienced substantial financial challenges in 2023.
The parent company of Trump’s social media platform, Truth Social, trades under the ticker symbol DJT (also the former president's initials); Wall Street gives it a market valuation of nearly...
Republicans are scrambling for cash after spending $100 million—or $90,000 a day—on Trump’s legal bills in four separate criminal prosecutions, not to mention his civil penalties in New York ...
The parent company of Donald Trump’s Truth Social platform started trading on Wall Street on Tuesday, with its shares appearing under the ticker “DJT” and priced at $78.
That means Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will soon begin trading on the Nasdaq stock market. Trump is set to own most of...
The SEC has cleared the merger of Trump Media & Technology Group (which owns Truth Social) and Digital World Acquisition Corp. (DWAC), a SPAC which plans to bring the company public.