TruthSocial, Trump Media's social media platform launched by former President Donald Trump, successfully went public last week. This milestone was achieved after the company announced it was flush with $200 million in cash and debt-free. The journey to going public was not straightforward, as the company managed to stay afloat in 2022 through emergency loans. Notably, these loans included contributions from a Russian-American businessman, who is currently under federal investigation for insider trading and money laundering. This businessman's involvement has raised eyebrows, especially since his friend reportedly insider traded on the Trump Media deal.
Donald Trump’s social media company Trump Media managed to go public last week only after it had been kept afloat in 2022 by emergency loans provided in part by a Russian-American businessman under scrutiny in a federal insider-trading and money-laundering investigation. https://t.co/6FSFlJg7N9
NEW: Trump Media only made it to its stock market debut last week after being loaned millions in 2022 by a Russian-American — who came under criminal investigation after his friend insider traded on the Trump Media deal. @guardian exclusive https://t.co/GMtgEkj7TZ
Trump’s social media company Trump Media managed to go public last week only after it was kept afloat in 2022 by emergency loans provided in part by a Russian-American businessman under scrutiny in federal insider-trading & money-laundering investigation https://t.co/OpWwFFfgzk
Shares of Trump Media Jump After Company Says It Is Flush $200 Million in Cash and Debt-Free! (Read more: https://t.co/8tXMYxNWld) [DID PEOPLE FORGET THAT TRUTH SOCIAL WENT PUBLIC AND THOSE FUNDS WERE LOCKED UP UNTIL THE MERGER? “We are excited to be operating as a public… https://t.co/os6E1XhnQ6
TruthSocial, the social media platform launched by former President Donald Trump, went public last week, sending waves through the stock ... Read more: https://t.co/cANnZEp5CW ⬆️ ⬆️ ⬆️