Sunday, June 23, 2024
HomeUnited StatesUS Elections 2024Trump's New Social Media Platform, Truth Social, Gains $1.8 Billion

Trump’s New Social Media Platform, Truth Social, Gains $1.8 Billion

 

• Donald Trump receives 36 million shares of Trump Media & Technology Group’s stock, worth $1.8 billion.
• The bonus is due to the company’s stock price being over $17.50.

• Trump’s ownership stake in the company is currently around $5.7 billion.

• His total investment in the company is around 65%, primarily due to Truth Social.

• The announcement has sparked mixed reactions, with some praising Trump’s financial expertise and others critiquing the situation.

#TruthSocial #StockMarket #Media #Finance

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