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Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the platform formerly known as Twitter ...
Those comments sent Trump Media’s share price skyrocketing, for a few hours at least. It’s a big decision for Trump, who has seen the value of his stake plunge to $1.8 billion. As recently as ...
May 24, 2024 at 3:12 PM. Stefani Reynolds. Nearly two-and-a-half years after its launch, Truth Social is struggling to hang onto its small U.S. user base, according to new data on the ...
Although Donald Trump's participation in TMTG and the scale of his social media following was a major part of TMTG's marketing for Truth Social, [41] Trump was initially not a frequent user of the Truth Social platform. He made the platform's first post on February 16, 2022, with the message "Get ready!
On February 21, 2022, TMTG launched the social network Truth Social. By April 2023, Trump reported earning less than $201 from TMTG. [23] On June 8, 2022, Trump and five others, including Trump Jr., Patel and Glabe leave TMTG's board before the SEC and the Manhattan grand jury investigating Trump's business practices issue subpoenas.
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.
The shares closed Tuesday at $21.42, down 82 cents or 3.71%, following a slide of 3.56% the day before. In the context of the grand sweep of DJT's history as a publicly traded company, that's not ...
August 29, 2024 at 11:31 AM. Donald Trump could have trouble cashing in on his $2.3 billion stake in Truth Social when it frees up next month, a new report reveals. The former president has been ...