The company planning to take Trump Media & Technology Group public is facing legal challenges as it sues its biggest investor to vote in favor of the deal. Trump's stake in Truth Social could be worth billions, with supporters driving up the stock price ahead of the vote. The platform has seen a surge in valuation, despite limited sales since its launch.
My biggest fear when Trump was in office was that he would weaponize government for political gain. Anyway, Biden’s administration has now sued every major American tech giant, every American crypto exchange, and Elon Musk (from like a dozen different agencies).
My biggest fear when Trump was in office was that he would weaponize government against political opponents. Anyway, Biden’s administration has now sued every major American tech giant, every American crypto exchange, and Elon Musk (from like a dozen different agencies).
.@davidfaber unpacks former President Donald Trump's possible $3.5 billion jackpot from his social media platform Truth Social, driven by SPAC $DWAC soaring in today's #FaberReport. https://t.co/9GfdNLaaMg
$DWAC merger vote tmrw, 3/22!
WEAPONIZATION: Democrats on the brink of seizing Trump’s empire are emboldened. Now they are going after Musk. First the court ordered @elonmusk to return $50B and now @SenWarren wants to seize it. https://t.co/BAh2eD9jJG
Four lawsuits involving the founding boosters of Truth Social threaten to erode former president Donald Trump’s grasp on a massive financial haul. https://t.co/owLq3h96gY
Trump Media, launched after an insurrection, faces rebellion of its own. Four lawsuits involving the founding boosters of Truth Social threaten to erode former president Donald Trump’s grasp on a massive financial haul, by @drewharwell https://t.co/pxM7uMfW8O
Truth Social expected to go public at $6 billion valuation. From WSJ: "The platform has logged about $5 million in sales since its launch three years ago and burned through the roughly $40 million it raised from convertible notes." Things are back to (new) normal
Truth Social Stock Climbs as Trump Backers Buy to Aid President. Read more: https://t.co/WGBzKyBoqK Stock in Donald Trump’s Truth Social platform has soared, valuing the company at around $6 billio...
Donald Trump to make $3bn if shareholders back plan to float Trump Media https://t.co/3KHokX43Gx
$DWAC (+3.7% pre) Trump Is in Line for a $3.5 Billion Windfall From Stake in Truth Social - WSJ Supporters who have driven up share price are expected to vote Friday to take company public https://t.co/s4gKxZ9jg4
So soon he'll have a ton of $? "Donald Trump’s stake in his social-media company could soon be worth nearly $3.5 billion, giving the former president a potential windfall that could ease his financial pressure and boost his political campaign" https://t.co/BlGF2WLJhj via @WSJ
Donald Trump isn’t the only one set to become a lot richer if his media startup debuts as a public company – at least on paper https://t.co/u7JWBnlVkr
Donald Trump’s supporters are pushing to hand him a nearly $3.5 billion windfall by driving up the value of his also-ran social-media platform Truth Social, which is on the cusp of getting approval to list on the stock market. https://t.co/JY2xqSmKa3 https://t.co/JY2xqSmKa3
Trump SPAC Asks Judge to Force Vote Over Media Merger https://t.co/UMgxLXGbRi
Truth Social may soon go public, and Donald Trump could own a stake worth $4.1bn. But after being fined nearly half a billion dollars for fraud at his property business, will the deal help him in his current cash crunch? https://t.co/d91onR2JiO Photo: Getty Images https://t.co/yUxIr8EToB
Donald Trump’s stake in Truth Social, the struggling social-media platform he launched in 2021, could soon be worth nearly $3.5 billion, giving the former president a potential windfall that could ease his financial pressure https://t.co/vVZMgG1ref https://t.co/vVZMgG1ref
My thoughts on $DWAC / $DJT: “There seems to be an unwritten agreement between tens of thousands of traders that the more political momentum Trump has, the more the stock should trade higher. It’s more of a political statement and a quasi betting tool on the election.”…
DWAC's stock soars as vote on deal to buy Trump Media nears https://t.co/60VULvvTKg
The SPAC hoping to take Trump Media & Technology Group public sued its largest founding investor in New York state court to force a vote in favor of the deal, the latest legal turmoil to sprout from the SPAC's spat with its former chief executive. https://t.co/WvGldxtxuN
DWAC stock soars as vote on deal to buy Trump Media nears https://t.co/5KzGciOAuL
Hilarious post about Donald Trump’s Truth Social merger on WallStreetBets… This is old school WSB. $DWAC up +22% today 🚀 https://t.co/D1GAFdyuXS
Hilarious post about Donald Trump’s Truth Social merger on WallStreetBets… This is old school WSB. $DWAC up +18% today! https://t.co/JfL4yJO8Nx
The company planning to take Trump Media public sued to force its biggest investor to vote in favor of the deal before a critical deadline this week. https://t.co/z1uFSMbDw0
The company planning to take Trump Media & Technology Group public sued to force its biggest investor, ARC Global Investments II, to vote in favor of the deal before a critical deadline this week. https://t.co/qrvRLAp6cv
Brian is not exaggerating. This is why millions of crypto voters have flipped from Biden to Trump: >The admin's stated goal is to "limit or eliminate" BTC mining in the US >It wants to impose a 30% excise tax on mining activity >And it's pushed to fast-track a CBDC https://t.co/NnStX9ntqn