Published 1 month ago

Trump's Truth Social platform soars in first day of trading on Nasdaq

Trump's SPAC merger with DWAC is the highest profile ever, driven by his notoriety.
Shareholders hope for growth with Truth Social app to turn a profit, possibly boosted by Trump's potential presidency.
The success of the Trump Media deal hinges on the app's market expansion and Trump's political future.

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BBC News

Donald Trump media firm soars in stock market debut

The long awaited moment hands the former president a stake worth more than $5bn.

1 month ago·United Kingdom

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The Guardian

How can Donald Trump’s lossmaking Truth Social be worth $8bn?

The rightwing social network’s flotation, supported by fans of the ex-president, make it a part of the ‘meme stock’ phenomenon• Business live – latest updatesDonald Trump’s social network went public on Tuesday and almost immediately hit a valuation of almost $8bn (£6.3bn). The valuation fell back to a more modest $6.58bn by the time markets closed in New York, but that still represented a gain of more than 15% on its initial public offering (IP…

1 month ago·London, United Kingdom

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The Independent

Trump Truth Social shares worth $58 as first trading day on Wall Street closes

1 month ago·London, United Kingdom

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Reuters

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1 month ago·United Kingdom

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Associated Press News

Trump's social media company gains in its first day of trading on Nasdaq

Shares of Donald Trump’s social media company rose about 16% in the first day of trading, boosting the value of Trump’s large stake in the company as well as the

1 month ago·United States

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