Donald Trump's Truth Social, under Trump Media & Technology Group, saw its stock soar, giving it a market cap exceeding $9 billion despite low revenue. Experts question the valuation, calling it a meme stock with small user base and financial challenges. Trump's net worth surged, surpassing George Soros.
Trump’s DJT Stock Boosts His Net Worth by Billions—and Raises Big Questions Ahead of the Election https://t.co/g6hR3eLUOS
$DJT | Is Donald Trump's Media Company Worth More Than Elon Musk's X? Trump Media & Technology Group is now a public company with a large market capitalization. Elon Musk bought Twitter, now known as X, for $44 billion in 2022, but it is now valued significantly lower by… https://t.co/wREAs8fAq9
FT: “.. the valuation of his social media company is ludicrous .. His salvation is that so many Trump fans do not think like that.” @ftopinion @johngapper $DJT https://t.co/nEc0ZjOBWO https://t.co/gzVm9Z0o6V
.@charliekirk11: "This week was supposed to be a death blow to Donald Trump ... He's $5 billion richer." https://t.co/gfCYAyVAUv
$djt is worth at max, 100x revenue if you gave the company every possible consideration… that Trump wins, figures out product market fit, people flock to it for some reason, and magically advertisers want to shower the platform with money. a lunatic speculator would put a… https://t.co/ysU7L0COYu
Uh, $DJT just raised like $6B for guy https://t.co/tKqqUgIjmE
Here’s what the Trump DJT and Reddit stock deals might mean for the broad market https://t.co/x1cQHizyFQ $NVDA
Here’s what the Trump DJT and Reddit stock deals might mean for the broad market https://t.co/vYSkEOZcxt
Donald Trump Scores ANOTHER Win As His Net Worth Surpasses That of George Soros! (Read more: https://t.co/wOwcx7sccH) [It in the ultimate bit of irony, Trump is now richer than George Soros! Former President Donald Trump’s net worth continues to rise after the merger… https://t.co/gthoVyHKM5
Truth Social is down again for the umpteenth time. But yeah, it’s worth billions even though nobody uses it exclusive from other platforms except Trump and a handful of QAnon freaks, and the advertisers sell Trump Bobbleheads and Collectable Trump Coins. https://t.co/7lYae8UmhT
On ‘Inside the Hive,’ Scott Nover breaks down how Donald Trump made billions this week—on paper, at least—and when the former president might be able to cash out. https://t.co/WuUwfOY5Sh
Donald Trump is now richer than George Soros.
Trump bubble: How Trump's social media company is worth so much more than its business justifies https://t.co/gaae8nQOKk via @msnbc
Truth Social has an $8B valuation with 500k users? Am I getting this right? 😂
Little excessive drama here over $DJT, though its hardly surprising coming from the drama-prone Trump hating folks. We've all reported the endless ways foreign actors could use the stock to gain favor; how Trump could use the pump of $DJT to bail himself out of civil messes,… https://t.co/wleNu4MkNp
LATEST: Donald Trump’s net worth tops $7.48B, richer than George Soros and Mark Cuban https://t.co/q0tPP5lXwg
The cash-strapped Donald Trump would surely love to quickly access the billions of dollars his newly public media company is now worth. He might have no choice but to wait. https://t.co/37T3EAObFL
Trump’s DJT Stock Is Riding a MAGA Wave. It Could Crash. https://t.co/DiBFJ3oQ3v
🇺🇸 Donald Trump is Now Richer Than Mark Cuban And George Soros This comes following Trump Media going public on the stock market. Source: Leading Report https://t.co/h23DkGy4SQ
Trump is now the 350th richest person on Earth, with a net worth of nearly 7.5 billion. Follow: @AFpost https://t.co/frndPwv1ZC
Seth Meyers knows enough about addition, subtraction, and failing social media businesses to understand that something seems off about the recent multi-billion-dollar valuation of Donald Trump’s Truth Social. https://t.co/mq5UIT5iwF
It looks like Trump supporters are pumping up the price of the new Trump Media stock far beyond any valuation suggested by the underlying data. This happened before (e.g. GameStop) but it’s the first time that the beneficiary is a presidential nominee. https://t.co/6ov1b8e9hp
"DJT stock hits turbulence: More volatility ahead for Trump's high-flying Truth Social." (via @USATODAYmoney) https://t.co/9MdmoGhPrf
According to Bloomberg's Billionaires Index, Donald Trump is now worth more than Mark Cuban: https://t.co/mOltTqEQ5T
UNITED STATES: Trump’s net worth has increased to $7.2 billion
Imagine 8 months of this. “Despite all attempts to bankrupt and destroy him in recent years, Donald Trump is now richer than ______________!” https://t.co/lHfvhISUlt Every week, Trump is passing some famous evil billionaire in net worth. https://t.co/alRTurjCbk
BREAKING: Donald Trump is now richer than Mark Cuban https://t.co/9tzdYoqaMK
Donald Trump's net worth surpasses that of George Soros due to Trump Media deal. Follow: @AFpost https://t.co/3KmqpfJ4G5
Donald Trump's net worth just soared to $7.2 BILLION thanks to his $DJT stake. His net worth is now higher than Soros.
TrumpStop! Donald's Truth Social value rockets to $8 BILLION even though a single McDonald's makes more in a year... so is 'DJT' just a meme stock like GameStop? https://t.co/CdvD5kbzyb https://t.co/YZPnC3qr0q
Former president Donald Trump is richer than he’s ever been, and it’s all thanks to a back-door deal to take his latest venture public. https://t.co/u0Al5WO529
Trump launched the DJT meme coin to fund his ongoing lawsuits and complete a successful presidential run Man is nothing if not savvy Çalacanis Maginot line types trying to short with boomer DCF rationales while Trump is financializing attention like all of us in the trenches
High-flying DJT stock hits turbulence: More volatility ahead for Trump's Truth Social https://t.co/bpBxdfIUsv
High-flying DJT stock hits turbulence: More volatility ahead for Trump's Truth Social https://t.co/MGmXal3I9v via @usatoday
Reddit's IPO, DJT Surge, Micron's AI Game Plan, Untapped Opportunities, and More And a big thank you to our sponsor @frecfinance (03:59) DJT and Reddit’s IPO (11:20) The Dot-Com Era (15:30) Analysis of Apple's Price and Time (20:00) Bear Markets Hiding Under The Surface (31:50)… https://t.co/TTsKac4q77
Trump Overtakes Soros' Net Worth https://t.co/HiZHtRhSTu
At the closing bell, Trump Media has a higher stock market value than Reddit. $DJT $RDDT
Truth Social's market cap is now $9 billion on about $4 million in annual revenue compared to Reddit's $11 billion market cap on $800 million annual revenue. https://t.co/XcTPWmAaTH
Trump Media & Technology Group $DJT shares slide https://t.co/751XJNUOAZ https://t.co/tQVLdJLXYh
J/K buy DJT it going to the 🌕 and hopefully a few astronauts are there to choke out the fraudster owning the majority of shares
An investing genius ( @real_bill_gross ) meets a stable genius. https://t.co/OcOAzvSY0W $DJT
What’s Donald Trump really worth? People have been asking the question for decades, though never with as much urgency as they are today. Read more: https://t.co/Dc3ttYg2yG https://t.co/5hzG3b6UnJ
$DJT This stock won’t trade on “fundamentals” for a while. Will ignore “technicals” too. It’s all about the meme. It’s all about the casino. It’s all about the Donald. Period. With that said, give me $100. Cause why not.
$DJT This stock won’t trade on “fundamentals” for a while. Will ignore “technicals” too. It’s all about the meme. It’s all about the casino. It’s all about the Donald. Period. With that said, give $100. Cause why not.
“Why is it that the more they impeach, indict and sue Donald Trump, the more power he gets?” Just 3 days ago, Donald Trump's net worth jumped to $6.5 billion — the single greatest day ever for his wealth. Read “The Scapegoat Power of Trump” https://t.co/2qf6fdsoyt
Trump’s Net Worth Surges as ‘DJT’ Stock Rises for 2nd Day https://t.co/mY8NPzghR8
In light of Trump Media & Technology Group's public stock listing, Trump Media and Technology Group $DJT, TrumpMedia.eth was just listed for 99E or BO. 😏 @domainplug_io @BloomCapital_
Trading options tied to former president Donald Trump’s media company is attracting meme-stock traders and Wall Street professionals. Add to that list erstwhile “Bond King” Bill Gross. https://t.co/M7Y1wprwqx
Trump Media & Technology Group $DJT March weekly call option implied volatility is at 337, April is at 235.
$DJT revenues $3.3 Million Valuation $9B DJT loses money and has a market cap of $9.4 billion. $GME GameStop makes Trump Media & Technology look like JPMorgan. https://t.co/JXclywtlvu
$DJT revenues $3.3 Million Valuation $9B https://t.co/snB9G2DRcw
Shares for the media venture headed by Donald #Trump jumped as much as 20% on the second day of trading on the #Nasdaq, again lifting the former president’s fortune and providing him a potential windfall as he grapples with the costs of several legal cases.https://t.co/3IZZMomDAX
$DJT is trading at a $7.62B market cap. I have once again increased my targets for $TRUMP.
“Trump Media “has a tiny user base, few advertisers, and no real prospect of challenging the dominant players in the social-media space…in other words, a meme stock.” https://t.co/pDMHIryCfu
Trump Social's public debut puts "all other meme stocks to shame," veteran analyst says. https://t.co/dp1uzrHmPr
Meme-stock mania comes roaring back to leave Donald Trump's Truth Social owner TMTG worth more than Etsy or Hasbro https://t.co/i9aRB8KKoY
Donald Trump's media company debuted on the stock market amid hype and bullish sentiment https://t.co/UJblOWvwBV
DJT is a Schrodinger stock: as long as Trump can't touch it, his stake is worth $5BN+ and the company (with $3MM in revenue) has a value of over $9BN. the moment Trump's lockup ends and he start selling his shares, the value will collapse
I bought 100 shares of Donald Trump's new company. And sold them an hour later. For work! This week's episode of INSIDE THE HIVE is all about meme stocks, Trump's 💰 and what's next https://t.co/iimk61VgsJ
Meme stocks are back as Trump Media and Reddit surge upon their debuts. Yes Virginia, fundamentals do matter. https://t.co/JiPIFxij5r $RDDT @CNBC
New piece by me on Trump's smartest business move ever: creating a meme stock to exploit the cult-like devotion of his followers. https://t.co/AVRrzD1S6q
Small investors power Trump Media’s market valuation above $13bn Heavy trading in company behind Truth Social fuels talk of a new cycle of ‘meme stock mania’ Donald Trump’s Truth Social platform is riding a wave of enthusiasm from small investors as a second day of gains took… https://t.co/7z3VH0o6cD
$DJT (-1.8% pre) Top ad guru Martin Sorrell downplays chances of Trump’s Truth Social capturing serious market share - CNBC https://t.co/zfTecUk2AX
Meme stocks are back as Trump Media and Reddit surge upon their debuts https://t.co/wa3C4HvaVq
Donald Trump's net worth has jumped $4.7bn this year to $7.8bn. Trump is now richer than George Soros. Trump Social’s public debut puts all other meme stocks to shame. Don't miss my take here https://t.co/6TYZEYPY2j
Trump Media & Technology Group closed up 14% at $66.22 on March 27, for a $13.5B market cap, as small investors boost the stock; Trump's stake is worth ~$5.3B (Financial Times) https://t.co/Re6zatFH3L 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/FXpsNzHJDJ
DJT Stock Rises. Why Trump Media Will Need to Take on Elon Musk’s X. https://t.co/OmNAX3iBXs
Also this week, Morning Cbanker provided a different perspective on $DJT, the SPAC story that is leveraging meme stock exuberance to create a whole new market-based political campaigning mechanism which happens to operate like a one-man money printer. https://t.co/0IF0O6qUkI
Trump Media, Reddit surge despite questionable profit prospects, taking on the 'meme stock' mantle https://t.co/CrbuM8wYR0
Donald Trump has a few options for turning his recent stock-market gains into cash, Streetwise columnist @jmackin2 writes https://t.co/965vgzO35i https://t.co/965vgzO35i
BREAKING: Robinhood appears to halt trading of $DJT, Donald Trump's new stock, after it surged 14% today in a retail-fuelled meme frenzy. Feeling like Gamestop 2.0 vibes, manipulating the market to protect Wall Street who is massively short this stock https://t.co/2ahGgtluU1
Trump Media $DJT reportedly generated $3.4 million in sales over the last 9 months. The company now has a market cap of $7.5 Billion (yes, Billion), which means it is being valued at more than 1600x sales. For comparison, Nvidia $NVDA trades at 38x sales. Probably Fine 🥳
Trump’s Media Company Surges for Second Day after Stellar Debut https://t.co/ZoFe2fphzZ
I think the DJT stock will become a fascinating new frontier for Trump supporters. It’s probably the most effective workaround to support his candidacy, as Trump owns a majority stake and can use the company as a vehicle to borrow money and/or sell shares. Of course, I expect…
Truth Social made its debut on the Nasdaq and the stock price soared, powered by supporters looking to invest in the former president's business. But the platform’s stock success doesn’t seem to match its financials. https://t.co/UpyL4N6Hr7
Yeah, $DJT is going to $100B before all is said and done https://t.co/tO5ZEpD2g8
Is $DJT a buy?
Trump's media company had $3 million in revenue for the first 3 quarters last year and in that same time frame lost $49 million. ...yet has a market cap worth more than $7 billion. Makes no sense, but neither do crypto meme stocks. I won't play this stock but excited to see how… https://t.co/OPLEXw7G7u
So if the reports I just read are accurate Truth Social is worth $8 Billion and X/Twitter is worth $10 Billion. Consider me skeptical.
Color me surprised. The platform that created the meme stock becomes one. 🫣😆 $RDDT https://t.co/vgzpdCZs34
I’ve never shorted a stock, but I feel like this $djt thing is madness… what’s the best way to bet this thing goes down 50% in the next six months? https://t.co/xeMx8MnYom
Billionaire financier George Soros overtaken by Trump in list of world’s wealthiest https://t.co/ehsK5pcdZ4
Anyone who thought #GameStop was the peak of memeification on the stock market has to think again. Trump's loss-making social media company Trump Media & Technology Group is taking it to the next level. The volume of options has exploded today w/ ~600k total options traded. https://t.co/d45L4M8XHx
How can Donald Trump’s loss-making Truth Social be worth $9bn? https://t.co/XEE2ZdZvsp
“This has all the ingredients of a good old fashioned meme stock rally,” says @WSJ’s @GunjanJS on the difficulties of shorting $DJT . “One of those key ingredients is a stock that’s tough to bet against and tough to borrow against. We’re seeing that with this company right now.” https://t.co/sokuzcK5kQ
Small investors power Trump Media’s market valuation above $13bn https://t.co/avTOSUUDgu
What could go wrong? 😑🤔 Truth Social (DJT) * $4.6 million in trailing 12-month revenue * ~$9 million in cash in hand * -$14.5 million in EBITDA * $7.5 BILLION market cap It almost just feels like a fund-raising technique for him
Truth Social just brought Trump a $4 billion windfall, but experts aren't sold https://t.co/tTxWg2zPvz
Meme stocks are back. The company behind Donald Trump's Truth Social went public yesterday, its shares rocketing up to give the company a market cap of over $9 billion despite $DJT only having a revenue of $3 million. https://t.co/WdQELtBGrg