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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. Their value ...
At Tuesday's closing price of $57.99, Trump Media had a market cap of around $8 billion. The former president founded Truth Social after he was kicked off major social media apps like...
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 ...
Investors approved a plan on Friday to take Truth Social public, increasing his net worth by billions as he’s drowning in legal expenses and owes New York state half a billion dollars in a civil ...
The Truth Social stock remains wildly overvalued. Former president Donald Trump speaks to the media during a pre-trial hearing on March 25, 2024 in New York City.
Multiply that by Digital World’s current stock price of more $42, and the total value of Trump's stake could surpass $3 billion. The prospect of the deal arrives at a time the presumptive...
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...
The value of Truth Social’s stock – to be listed on Wall Street as DJT, for Donald John Trump – also is largely directed by the thousands of Trump supporters who bought into the company and ...
Trump is set own roughly 79 million shares of the company, according to new SEC filings. DWAC shares were trading for just over $49.50 on Friday morning, putting the value of that stake at...
The deal will also inject $300 million in cash into TMTG-owned social media platform Truth Social. Truth Social, launched in February 2022, sought to capitalize on the ban on Trump's accounts ...