Trump scored big today Truth Social investors okay going IPO

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TheButcher
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Trump scored big today Truth Social investors okay going IPO

#1

Post by TheButcher » March 22nd, 2024, 10:46 am

The guy is a born businessman look how may hotels, sky crappers, golf courses just to name a few he has built and developed. Now it's pay time for his Truth Social platform, congrats to him.



"Investors approved plans to take Donald Trump’s social media platform public on Friday, netting the former president a paper fortune of $3bn.

Trump Media & Technology, the firm behind his minnow social network Truth Social, has spent years fighting to land on the stock market via a so-called “blank check” merger with a shell company.

It finally succeeded on Friday morning, following a vote of shareholders in Digital World Acquisition, the vehicle with which Trump’s business has sought to combine.

While Trump Media has struggled since Truth Social’s lackluster launch, generating sales of only about $5m since 2021, Trump’s supporters banded together to boost shares in Digital World. The stock has rallied by some 145% since the turn of the year, boosting the firm’s value to about $6bn."


https://www.theguardian.com/us-news/202 ... uth-social

greatpornlinks
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#2

Post by greatpornlinks » March 22nd, 2024, 5:20 pm

Now will some one put up 450 million for a short time so he can take care of his looming issue on Monday in New York.
Never have your honey where you make your money.
~ HeidiHoe 2023

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#3

Post by bestfreeporn » March 23rd, 2024, 7:15 am

Don’t count your chickens just yet wait for the ipo




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shoopa
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#4

Post by shoopa » March 23rd, 2024, 8:55 pm

Wonder what he'll do Monday




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#5

Post by fappmaster » March 24th, 2024, 11:05 am

When you are a great business mind you make money, he is who can solve our economy come 2025.




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#6

Post by gspotman » March 25th, 2024, 9:57 am

A big

Image

To all his haters
Teams: 60c094411cbb39b8
Email: gspotman@gmx.com

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#7

Post by TheButcher » March 26th, 2024, 1:45 pm

Truth Social went public this morning and the ticker symbol is "DJT"


https://www.cnn.com/2024/03/26/markets/ ... index.html

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jag
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#8

Post by jag » March 27th, 2024, 5:20 am

TheButcher wrote: ↑
March 26th, 2024, 1:45 pm
Truth Social went public this morning and the ticker symbol is "DJT"


https://www.cnn.com/2024/03/26/markets/ ... index.html

Huge win for Trump he might end up becoming a serious challenge to the established social media sites one day
From Malta with love and sunshine

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#9

Post by tittylove » March 28th, 2024, 5:54 pm

Now who's laughing well done president Trump




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#10

Post by 24alex » March 30th, 2024, 10:30 am

The power of a name,Trump can make money by name association, that is star power man.




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#11

Post by badkitty » March 31st, 2024, 6:15 pm

Who here is on TS?




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#12

Post by CanadianChick » April 23rd, 2024, 8:29 am

https://ca.yahoo.com/news/news/donald-t ... 28108.html

"Former President Donald Trump is on the cusp of scoring a major financial bonanza – at least on paper.

As long as Trump Media & Technology Group’s share price doesn’t spectacularly implode before Tuesday’s closing bell, Trump is on track to receive another 36 million shares as the owner of Truth Social.

This milestone is on track to be hit after the market closes on Tuesday.

Even though Trump Media is losing money and Truth Social is very tiny, those new shares Trump is in line to receive would be valued at about $1.3 billion at current prices."


It might be another $1 billion dollar day for president Trump




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#13

Post by ispdn » April 24th, 2024, 9:16 am

CanadianChick wrote: ↑
April 23rd, 2024, 8:29 am
https://ca.yahoo.com/news/news/donald-t ... 28108.html

"Former President Donald Trump is on the cusp of scoring a major financial bonanza – at least on paper.

As long as Trump Media & Technology Group’s share price doesn’t spectacularly implode before Tuesday’s closing bell, Trump is on track to receive another 36 million shares as the owner of Truth Social.

This milestone is on track to be hit after the market closes on Tuesday.

Even though Trump Media is losing money and Truth Social is very tiny, those new shares Trump is in line to receive would be valued at about $1.3 billion at current prices."


It might be another $1 billion dollar day for president Trump

You have to love public companies they lose money and the stock holders get rich.In a private company people would get fired and cut backs made go figure.




Trump scored big today Truth Social investors okay going IPO

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