Trump’s social media company surge in trading debut is a boost to his wealth


DeepFuckingBag: Can The Trump Brand be Survived and Can It Ever Be Disappear? A Deepfuckingbagholder Revisited

The company could be worth 1 trillion dollars. Deepfuckingbagholder wrote back, saying that he personally believes that the stock can achieve a valuation of the value of the Trump brand.

The stock quickly rose more than 40 percent after being listed and trades under a ticker of Trump’s initials, DJT. The company is now valued at more than $6.8 billion. The value, however, could change quickly; the stock was so volatile that it temporarily halted soon after it was listed. The company’s financial performance has been disappointing. It lost nearly $60 million in the first three quarters of its existence.

Though Trump stands to gain billions now since he owns more than 50% of Truth Media, he can’t sell his shares for another six months — unless he’s able to renegotiate his current agreement.

The company merged with another company that was already listed on the stock market, and instead chose to list on the exchange in a process called a back door listing.

DWAC: The Diamond of Truth Social Media, a Platform for Generalized News Articles in Search of a Realistic and Stable Governing Body

Bloomberg estimated ahead of the opening of trading on Tuesday that Trump’s net worth had increased more than $4 billion, propelling the former president into the ranks of the 500 wealthiest people on the influential Bloomberg Billionaires Index for the first time.

In another thread stockholders discussed the price they would sell their shares for. A user referred to themselves as the Diamond DWAC, which means waiting for the election win and wanting to hold a stock despite its volatility.

$150, but probably waiting for the launch of TMTG+ streaming and stories videos, another replied. “Or when our founder is The Leader of The Free World (again) and most reported on person on the world with the most attention on him and his platform. So maybe never‼️”

There are more users on Truth Social than there is on the other websites, like Reddit and X. The company has never turned a profit, and just happens to be the place where Trump is currently posting.

Source: ‘Trump 2024 To the Moon’: MAGA Fans Go All In on Truth Social Stock

Blessing the Patriots of #DJT: A Memetic Stock to Win the Lottery, and Bless America for the Good, the Bad and the Evil

On Truth Social, one user said a prayer. “Bless all the patriots invested in #DJT,” GothamGal wrote. “Bless this investment, and make us successful so that we may do your will and bring glory to you. Bless and defend our president DJT and our country. In Jesus name.

Trump’s fans on multiple websites have commented on how they plan to hold the stock in defiance of traditional investing logic. The script has been provided by previous meme stocks like Gamestop and coin culture, but the formula is simple: short sellers will fail, this stock is going to the moon and don’t sell no matter what.