Shares of Trump Media, represented by the ticker $DJT, have experienced significant movements recently. The stock has risen by 50% over the past week, according to CNBC. This surge comes despite concerns about potential dilution from massive earn-out shares, which are not included in the current outstanding shares totaling 176,700,583 as of April 30, 2024. Additionally, Trump Media's financials reveal a valuation of approximately $10 billion based on $4 million in revenue and over $50 million in expenses for the first quarter of 2024. In a related development, Donald Trump has increased his stake in the company, receiving 36 million shares worth $1.8 billion as an earnout bonus, bringing his total ownership to 114.75 million shares, valued at $5.7 billion by TrumpTracker™. His share stake increased from 57.6% to 64.9%.
Doug Burgum Makes the Case for Trump: 'If You're a Billionaire and You Care About Your Shareholders...' https://t.co/U57SQDntLD
$DJT now at 176,700,583 shares of Common Stock outstanding on April 30, 2024, this does not include the massive other dilutive securities. Raping of retail investors gonna be epic. Filing 4/30/2024 with updated share count: https://t.co/toGzy7iCxd
Donald Trump awarded 36 million shares of Trump Media stock worth over $1.8 billion as earnout bonus @edwardrussl https://t.co/68bgfLUaxp
🚨 BREAKING: Donald Trump receives $1.8 billion worth of Trump Media stock in earnout bonus https://t.co/FNgnmVSD0a
BREAKING: Donald Trump awarded 36 million shares of Trump Media stock worth $1.8 billion as earnout bonus
Donald Trump shares his dark vision for a second term https://t.co/Vp5CqDMN9a
Now I can see why Trump is rumored to be wanting to bail Hamadeh, what the hell is he on?
Trump is inevitable https://t.co/pflusWOF5x
Because $DJT shares remained trading above $17.50, the Donald's 36 million "earn-out" shares were granted He now owns 114.75 million Trump Media shares, with a TrumpTracker™ "value" of $5.7 billion https://t.co/DNgW4GE0EL
Trump Ups Truth Social Stake—Receiving $1.8 Billion Stock Bonus https://t.co/9O2JLFzM97 https://t.co/x4lJtPH6Tj
DJT: Trump receives 36 million shares of Trump Media worth $1.8 billion as earnout bonus https://t.co/WcAlc22fRU
Including the earn-outs, look at ~221M shares, so about a $10B valuation on $4M in revenue & ~$50M+ in expenses in 1Q24. Titanic POS. $DJT https://t.co/W1Qgt1S3v2
$DJT now at 176,700,583 shares of Common Stock outstanding on April 30, 2024, this does not include the massive earn-out overhangs & other dilutive securities. Raping of retail investors gonna be epic. https://t.co/toGzy7iCxd
$DJT | Trump Media & Technology 13G Filing Shows Donald J. Trump Reported Share Stake Of 64.9% As Of April 26, From 57.6% As Of March 25 - SEC Filing
DJT: Trump Media shares rise again; are up 50% in the last week https://t.co/26Ank2aaxJ
This does not include the massive amounts of dilutive $DJT earn-out shares https://t.co/2W4EdKjU5e
$DJT $4.1M in revenue … retail investors gonna see a 80-90% haircut when they have to report again and management starts selling https://t.co/fCzLtoaJ5Y